Arthur Hayes’ Portfolio Drops Over 30% — Should Markets Be Worried?
BitMEX co-founder Arthur Hayes’ cryptocurrency portfolio worth decreased by greater than 30% in November 2025. The sharp drop arises as Hayes actively offered main holdings throughout a number of tokens.
The exercise contradicts his bullish public views available on the market, opening new questions on whether or not his trades sign deeper considerations concerning the state of the present cycle.
Arthur Hayes’ Crypto Portfolio Drops Over 30%
According to Arkham Intelligence, Hayes’ portfolio has contracted from $63 million to roughly $42.2 million. On-chain analytics platform Lookonchain tracked a current flurry of gross sales linked to him.
Yesterday, Hayes sold 520 ETH for $1.66 million, 2.62 million ENA tokens for $733,000, and 132,730 ETHFI tokens for $124,000.
Shortly after, he offloaded one other 260 ETH valued at round $820,000, 2.4 million ENA price $651,000, round 640,000 LDO for $480,000, 1,630 AAVE price $289,000, and lastly 28,670 UNI valued at $209,000. The complete gross sales neared $5 million in simply sooner or later, indicating a notable decrease in altcoin exposure.
As of the newest information, the present portfolio is concentrated in Ethereum-linked property, together with 5,731 ETH valued at $18.03 million—his largest single holding.
The govt additionally holds 3,119 EETH price $9.8 million, 1,167 WEETH valued at $4 million, and $7.9 million in USDC. He continues to carry positions in a variety of altcoins, similar to PENDLE, BIO, LDO, WILD, SUSDE, BOBA, WBTC, and SENA.
Altcoin Sentiment Hit by Hayes’ Moves
Still, the timing of those gross sales has prompted scrutiny within the crypto group. While Hayes has issued bullish predictions for many assets, his current actions are deepening considerations concerning the health of the altcoin market.
According to Orbion, Hayes’ determination to exit early means that he believes the present cycle might already be coming to an finish. The analyst additionally famous {that a} rotation into main altcoins has didn’t materialize — and more and more seems unlikely to occur in any respect.
For him, this factors to a damaged narrative. He argued that subtle gamers exit earlier than the broader market realizes the pattern has shifted.
“Arthur Hayes simply rage stop a number of tier-1 altcoins. ETH, ENA, LDO, UNI, AAVE – all offered at a loss. These aren’t lowcaps or lifeless cash – they’re billion-dollar tokens. If even Hayes gave up on them – ask your self what which means,” the post learn.
Orbion additionally framed Bitcoin’s 665% rally from its January 2023 low as a full macrocycle, not a mid-cycle section. The lack of post-ETF acceleration, fading meme coin activity, thinning volumes, and declining efficiency throughout AI tokens and L2s are, in his view, traditional late-cycle exhaustion indicators.
As of November, crypto markets stay risky, and the outlook is unsure. Whether Hayes’ strategy proves appropriate will rely on crypto market developments within the coming time.
The submit Arthur Hayes’ Portfolio Drops Over 30% — Should Markets Be Worried? appeared first on BeInCrypto.
