Arthur Hayes concentrates crypto bets on Hyperliquid HYPE as token rises after 9.9M unlock

BitMEX co‑founder Arthur Hayes, who runs the Maelstrom family office, said his team is “only buying” Hyperliquid’s HYPE token and has been selling two other crypto assets, making HYPE his sole active crypto investment at the moment ^{[1] [2] [3]}.

Reports said HYPE’s price rose in response to the comments — one outlet reported a more than 5% 24‑hour gain to about $38.28 with trading activity up roughly 50% to $288 million, while another noted a near 9% jump around the same time ^{[2] [4]}.

Coverage also noted a recent unlock of 9.9 million HYPE tokens on April 6 that the market reportedly absorbed, and identified short‑term resistance near $38 with potential upside toward $41.27 ^[2].

Hayes has publicly set a longer‑term price target of $150 for HYPE by August 2026, according to the reports summarizing his remarks ^{[2] [4]}.

Following Hayes’ statements, reporters highlighted his concentrated position in HYPE and the token’s immediate price and volume reactions alongside the recent token unlock ^{[1] [2] [4]}.