In an unexpected turn of events, former BitMEX CEO Arthur Hayes has made a surprising announcement. After previously endorsing the SOL (Solana) cryptocurrency and expressing bullish sentiments about it, Hayes has revealed that he sold all his SOL holdings and opted for Ethereum (ETH) instead. He explained his decision in a rather unconventional manner.
A Divine Revelation: Hayes took to social media to share the reason behind his sudden change in investment strategy. He claimed to have received a divine message while meditating, suggesting that he should "throw away" SOL and confess his affection for "Archangel Vitalik," a reference to Vitalik Buterin, the co-founder of Ethereum. As a result of this revelation, Hayes divested from Solana and reinvested in Ethereum.
Bullish on Ether: Despite the whimsical nature of his decision, Hayes expressed high expectations for Ether's future performance. He anticipates that the price of Ether will reach $5,000, signifying his optimism about the cryptocurrency.
Previous SOL Support: Notably, Hayes had been vocal in his support for Solana (SOL) prior to this announcement, even expressing a desire to witness SOL's price rise to $100 in the near future. However, he made it clear that his actions as a trader were not influenced by personal biases, but rather by market dynamics.
Unconventional Predictions: Arthur Hayes has a history of unconventional predictions and statements in the cryptocurrency space. He has long been a proponent of Bitcoin, often predicting its price increases. At one point, he even claimed to have sought guidance from his ancestors on Rapa Nui (Easter Island) to determine when Bitcoin price would rise.
It's essential to note that cryptocurrency markets are highly volatile, and investment decisions should be made after thorough research and consideration of one's financial goals and risk tolerance. Hayes' shift from SOL to ETH, guided by a "divine" message, is a reminder of the unpredictable and speculative nature of the cryptocurrency space.