# ArthurHayes

💬 BitMEX co-founder Arthur Hayes suggested that recent sharp declines in altcoin prices may have been triggered by auto-liquidations of cross-margin collateral on major CEXs.
📉 Hayes added that many quality altcoins are unlikely to revisit their recent lows anytime soon.
#ArthurHayes BitMEX #Altcoins CryptoMarket #Liquidation

Hayes claims that the global money printing process is far from over, and the target for BTC to rise to 250,000 this year remains unchanged.
Recently, BitMEX co-founder Arthur Hayes stated in an interview with Kyle Chassé that investors should ignore the short-term price fluctuations of Bitcoin and instead focus on the macro liquidity forces that will drive cryptocurrencies to record levels.
Arthur Hayes believes that the traditional four-year cycle theory is no longer applicable, and that the global government's monetary expansion policies will be the key driving force behind the continua

Arthur Hayes is suspected of being involved in the Succinct project, acquiring 3.21 million PROVE.
According to news from Hashkey, Arthur Hayes's deposit address received a transfer of 3.21 million PROVE tokens related to the Succinct project 11 hours ago, worth approximately 2.86 million USD. There is currently no public information linking Arthur Hayes to Succinct (a cross-chain communication protocol), so it is unclear whether his involvement is as a private investor, through over-the-counter (OTC) trading, or in another capacity.
$PROVE #Cryptocurrency Blockchain #ArthurHayes Succinc