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Arthur Hayes: Altcoin Season is Coming, Long BTC

By: theblockbeats.news|2025/07/11 07:41:58

BlockBeats News, July 11th, BitMEX Co-founder Arthur Hayes posted on social media, stating that he was slightly bearish earlier due to TGA restocking. However, his sentiment has now changed. He pointed out that Bitcoin has broken its all-time high with good trading volume; Ethereum has followed closely behind and is expected to outperform. As the altcoin season approaches, the market believes Trump will take unexpected actions on tariffs. Maelstrom has increased its long position.

Impacted by GMX Hacker's Message about an Upcoming Funds Refund, GMX Soars Over 12% in a Short Time

Analysis: The holding cost of about 4.1 million Ethereum addresses is around $3,100, and a large amount of selling may occur