Arthur Hayes Deposits $6.3M in HYPE to Bybit — Despite His Own $150 Price Target

A wallet linked to Arthur Hayes deposited 115,453 HYPE tokens — worth approximately $6.33 million — into Bybit roughly four hours ago, on-chain data shows. The move comes even as Hayes has publicly called for HYPE to reach $150, a level well above current prices.

The same wallet withdrew the identical 115,453 HYPE from Bybit one month ago at $39.58 per token. With HYPE now trading higher, the position is sitting on an unrealised profit of approximately $1.76 million.

The deposit doesn't necessarily signal a sale — funds moved to an exchange can precede a trade, a hedge, or simply a custody change. But for a figure who set a $150 target, the timing invites scrutiny from traders watching Hayes's on-chain footprint closely.