BTC News: Arthur Hayes Accelerates Selling as BTC Hits Six-Month Low

Arthur Hayes, BitMEX co-founder, accelerates the selling of ETH, ENA, and ETHFI as BTC plunges to a six-month low.

Hayes Dumps Altcoins Amid Crypto Market Crash

The first batch of this that was reported by the analytics company showed his disposals. He got rid of 520 ETH, 2.62 million ENA, and 132,730 ETHFI. This took place in a matter of a few hours. This quick liquidation brings out his quick response to market conditions.

Arthur Hayes seems to have sold 520 $ETH ($1.66M). He also sold 2.62M $ENA ($733K). The total number of tokens sold was 132,730 $ETHFI ($124K) in addition. These figures underline the extent of his recent trading activity.

Bitcoin reached a six-month low in mid-November of 2025. It dropped to $94K on November 14, 2025. This was in the midst of a broader sell-off in risk assets. This market downturn resulted in a lot of pressure throughout the crypto space.

Related Reading: Crypto News: Arthur Hayes Predicts Multi-Year Crypto Bull Run | Live Bitcoin News

Reasons for the drop are complicated. The sell-off had been driven by receding hopes for a Federal Reserve interest rate cut. Some policymakers suggested that there is an unwillingness to loosen monetary policy. According to one analyst, long-term holders of Bitcoin have been cashing out. They sold a record number of 815,000 BTC in the past 30 days.

His latest selling moves have come on the heels of the latest crypto market crash. Recall that BTC, along with nearly all of the altcoins, dumped hard on Friday. Bitcoin fell to a six-month low of $94,000. Meanwhile, ETH dipped to $3,100. Interestingly, there is one obvious exception from the alts. Hayes has been out and about in support of this one for the past several weeks.

Bitcoin’s Six-Month Low and Macroeconomic Influences

Bitcoin’s recent dive to $94,000 is a major milestone. It marks the bottom price for the last six months. This drop indicates a larger market correction. It is also a reflection of the increasing investor caution.

The role of the macroeconomic environment is of crucial importance. Expectations of Federal Reserve interest rate cuts are disappearing. This has contributed to a “risk-off” sentiment. Investors are withdrawing from riskier assets. Traditionally, volatile cryptocurrencies are often first hit.

The selling behaviour of the long-term Bitcoin holders is also interesting. Their decision to take profits is an indication of a strategic re-evaluation. This could indicate fears of downtrends ahead. It may also be simply a response to meeting personal investment goals.

Hayes’s actions being a prominent figure will often attract market attention. His decision to sell off substantial amounts of altcoins could have an impact on other investors. It could be a sign of belief in additional weakness for these assets in the short term. His prolonged support for a particular altcoin, though, is another story.

Ultimately, this implies selective belief even in the midst of a widespread sell-off. The crypto market is a very dynamic one. It reacts to both micro-level trader decisions and macro-level changes in the economy.