BitMEX’s Arthur Hayes Buys Back ETH, Predicts Ether Could Hit $20K
BitMEX co-founder Arthur Hayes has expressed optimism about Ethereum’s worth trajectory, predicting that the world’s second-largest crypto would hit $20,000.
In a latest interview, Hayes stated that he has purchased again among the ETH bought. “The chart says it’s going increased, so you’ll be able to’t struggle the market.”
Arthur Hayes simply admitted he purchased again ETH as a result of “the chart says it’s going increased.”
He sees Ethereum operating as much as $20K this cycle.
He’s chubby $ETH
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— SamAlτcoin.eth
(@SamAltcoin_eth) August 21, 2025
“I feel ETH goes $10,000 to $20,000 earlier than the tip of the cycle,” he stated. “As soon as it’s damaged by means of, then there’s a spot of air to the upside.”
Evaluating between ETH and Solana (SOL), he at the moment overweights on ETH, indicating a powerful choice for Ethereum in his present funding technique.
“My base case is we’re going to have a large bull market and all kinds of monetary belongings linked to something that President Trump believes is vital now.”
Final week, Hayes purchased $8.4 million in ETH, accumulating 1,500 ETH, alongside substantial positions in blue-chip DeFi tokens, together with LDO, ETHFI, and PENDLE.
Ethereum Would Outperform Solana in Bull Run: Arthur Hayes
When requested about Hayes’s choice between the rise in Solana and Ethereum costs now and the tip of the cycle, he stated each belongings would present a bullish trajectory.
“They’re each going to go up, however the query is which asset may go up extra,” he famous.
He stated that Solana would most likely not surpass Ethereum within the bull run, however stated that it could be a “greater asset transfer.”
Is ETH Breakout Imminent?
Ethereum fell 0.64% up to now 24 hours to $4,289, per CoinMarketCap data. The token has barely bounced again and is seen buying and selling at $4,306 at press time.
Nonetheless, the numerous demand for a spot ETH ETF, together with huge institutional inflows, together with corporations like Bitmine and Sharplink Gaming buying over 2 million ETH since June, has contributed to the latest surge in ETH costs.
The crypto has surged over 15% during the last 30 days, hitting an area excessive of $4,700 last week and inching nearer to an all-time excessive.
The crypto billionaire’s $20k name isn’t wild if macro and ETF demand align. For now, the crypto group is holding a detailed eye on Hayes’ pockets exercise, significantly as extra capital flows into mid-cap Ethereum ecosystem tokens.
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