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Home » BitMEX Founder’s “Clearing SOL to Buy ETH”: Embracing Vitalik as God Commands, Ethereum Skyrockets to €5000
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BitMEX Founder’s “Clearing SOL to Buy ETH”: Embracing Vitalik as God Commands, Ethereum Skyrockets to €5000

Dec. 22, 20232 Mins Read
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BitMEX Founder's "Clearing SOL to Buy ETH": Embracing Vitalik as God Commands, Ethereum Skyrockets to €5000
BitMEX Founder's "Clearing SOL to Buy ETH": Embracing Vitalik as God Commands, Ethereum Skyrockets to €5000
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The price of the public chain Solana has become the focus of attention in the cryptocurrency market recently. In response to this, Arthur Hayes, the founder of the exchange BitMEX, tweeted today (22nd) that he will sell Solana and convert it into ETH.

(Summary:
Arthur Hayes: Is a Bitcoin spot ETF really a good thing?
)

(Background:
SOL approaches $100! Solana’s market value surpasses BNB, rising to become the fourth largest cryptocurrency.
)

The price trend of the public chain Solana (SOL) is strong, and this morning it even approached the $100 mark. Since mid-October, its increase has exceeded 320%, making it the most eye-catching dark horse among the old public chains.

Just as SOL was surging today, Arthur Hayes, the founder of the BitMEX exchange and an OG in the crypto community, also expressed his views.

Arthur Hayes: Inspired by God, I decided to sell Sol.

Early this morning, around 7:30, Arthur Hayes first asked the community on X if Solana was about to break through $100 (at that time, it was approaching $95). Two hours later, he once again posted a tweet expressing his enlightened attitude towards the market, but his unique argument sparked heated discussions in the community.

Dencun upgrade to be completed by the end of February next year.

It is worth noting that although Arthur Hayes expressed his prediction in a joking manner on X, the underlying meaning behind it may be to indicate that the Ethereum “Dencun” upgrade is imminent, and the Ethereum ecosystem will regain momentum.

Earlier today (22nd), Tim Beiko, the lead coordinator of the Ethereum Foundation, officially announced on X that the Dencun upgrade will first be tested on the Goerli test network starting on January 17th, then deployed on Sepolia on January 30th, and deployed on Holesky on February 7th. According to Tim Beiko’s tweet, if everything goes smoothly, the developers’ goal is to deploy the changes on the mainnet before the end of February 2024.

Related Reports

Arthur Hayes: US debt is piling up, Bitcoin has become a “financial crisis” temporary safe haven.
Bitcoin spot ETF disaster? Arthur Hayes: Institutions are agents of the state, holding too much will strangle BTC.
Arthur Hayes: Short-term government bonds have shifted to cryptocurrencies, it’s time to invest in BTC.

Tags:
Arthur Hayes
Solana
Tim Beiko

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