New wallet swings big with a 19.8 million USD long, Arthur Hayes throws cold water on the hype.

The new wallet just dropped 1.19 million USDC, leveraging 11,475 ETH at 20x on HyperLiquid, and added 11,225 HYPE at 10x leverage, totaling a value of 19.8 million. This move is aggressive, completely all-in on ETH and HYPE continuing to pump.

On the other hand, BitMEX founder Arthur Hayes came out swinging against the AI bubble, stating that the IPO valuations of the three giants—SpaceX, OpenAI, and Anthropic—are way too high for the market to digest. With the Middle East situation driving oil prices up, profits for AI companies are at risk, and the entire crypto market could take a hit. He's bearish in the short term but remains bullish long-term.

On one side, new cash is going crazy with leverage and longing, while on the other, industry veterans are warning of risks. The market is currently a battleground between bulls and bears, and the sentiment's a complete mess. In times like this, it's wise to sit back and wait for a clearer direction before making a move.

Are you chasing the pump or waiting for a dip?

#ETH #加密市场 #多空博弈 #ArthurHayes