Ex-BitMEX CEO Arthur Hayes Warns of Possible Massive Sell-off Event in Crypto

A closely followed crypto capitalist, former BitMEX CEO Arthur Hayes, is issuing a warning that Bitcoin (BTC) and Ethereum (ETH) are on the verge of another despite being down big from their all-time highs.

According to Hayes, the closer we get to $20,000 for BTC and $1,000 ETH, the more market makers have to sell their Bitcoin and Ethereum.

[Via]

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