A wallet linked to Arthur Hayes withdrew 47,007 $HYPE, worth roughly $3.16M, from Bybit seven hours ago, reigniting speculation that the BitMEX co-founder has re-entered the token he publicly claimed to have exited.
The move mirrors a pattern from a week earlier, when the same wallet, 0xf7A4, pulled 33,978 $HYPE ($2.09M) off Bybit shortly after Hayes announced he had sold all of his holdings. Hayes later denied buying the token, and the wallet sent the 33,978 $HYPE back to the exchange.
The latest withdrawal, roughly 38% larger in dollar terms than the prior round, comes without a public statement from Hayes. On-chain observers will be watching for the same tell as before: whether 0xf7A4 returns the $HYPE to Bybit or routes it elsewhere.
Frequently asked questions
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Which wallet is being tracked as Arthur Hayes's?
On-chain analysts are watching wallet 0xf7A4, which has been linked to Arthur Hayes through prior transaction patterns and was the wallet that previously moved $HYPE off and back onto Bybit.
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What did the wallet do a week before this withdrawal?
Wallet 0xf7A4 withdrew 33,978 $HYPE ($2.09M) from Bybit shortly after Hayes said he had sold all of his $HYPE. Hayes denied buying the token, and the wallet later sent the 33,978 $HYPE back to Bybit.
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How much $HYPE was withdrawn in the latest transaction?
The wallet pulled 47,007 $HYPE from Bybit roughly seven hours before the seed was posted, valued at approximately $3.16M.
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Has Arthur Hayes commented on the latest withdrawal?
No public statement from Hayes appears alongside the latest withdrawal. The prior episode ended with a denial and the $HYPE being returned to Bybit; this time the response is still pending.
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What would invalidate the 'buyback' read on the withdrawal?
If 0xf7A4 returns the 47,007 $HYPE to Bybit the way it returned the earlier 33,978, observers will treat this as another non-event, consistent with Hayes's prior denial.
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