Crypto Guru Arthur Hayes Bets On This Under-The-Radar Altcoin

Quick Summary:

Arthur Hayes, a well-known crypto investor and former CEO of BitMEX, has reportedly made a major purchase of the little-known altcoin Aethir (ATH), amounting to 11.4 million tokens, valued at approximately $779,000.

He remarked, “Alt szn will return only after Bitcoin and Ether decidedly break through $70,000 and $4,000, respectively.[…] The combination of a dollar liquidity-inspired Bitcoin and Ether rally into year-end will create a strong foundation for the return of a sexy shitcoin soiree.” Crypto Newcomer: What Is Aethir (ATH)?

Related Reading: Ethereum Price To Hit New All-Time High If This Happens: Crypto Analyst This flurry of activity comes just three days after Hayes’ recent forecast in his latest essay, suggesting a potential upswing in the crypto market beginning in September 2024.

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets: United KingdomAustria

Topics: Arthur Hayes Cryptocurrency Aethir Price Ath Aethir Token Price Crypto news Cryptocurrency Market News ATH Price Crypto Aethir Token Altcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-15 @ 14:00:21 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: newsbtc.com

Language: English

Article Length: 476 words

Reading Time: 3 minutes read

Sentences: 65 lines

Sentence Length: 8 words per sentence (average)

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Copyright Owner: © NewsBTC

News ID: 22087120

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