Haciyev Reşit 
One of the most prominent figures in the cryptocurrency industry, former BitMEX CEO Arthur Hayes, has once again shared a bullish outlook on an altcoin. This time, Hayes spoke about Hyperliquid’s native token HYPE, stating that its price is still in the discovery phase and holds significant long-term upside potential. In his remarks, Hayes emphasized that price discovery in crypto markets continues even when traditional financial markets are closed, and he set an ambitious long-term target for HYPE.
Hyperliquid (HYPE) Price Prediction
According to Hayes, HYPE has not yet reached its true valuation. He argues that the token is still undergoing price discovery and that the market has not fully priced in its potential. Once this discovery phase is complete, Hayes believes HYPE could climb into triple-digit territory, maintaining a long-term price target of $150. Currently trading at around $31 with a market capitalization of approximately $8 billion, HYPE ranks among the top 15 altcoins by market value. Based on current levels, Hayes’ $150 target implies nearly a 5x upside. However, for this scenario to materialize, both broader market conditions and the continued growth of the Hyperliquid ecosystem would need to remain strong.
Hayes commented:
“While traditional markets are closed, price discovery in the HYPE chart continues. My long-term target is $150.”
This statement has drawn particular attention from investors interested in derivatives exchanges and on-chain trading ecosystems.
Controversy Around Hayes’ Past HYPE Activity
Arthur Hayes has previously made multiple bullish statements about HYPE and openly expressed his interest in the project. However, on-chain data indicates that he has also sold portions of his HYPE holdings during previous price rallies. This has occasionally sparked debate within the market, as investors closely monitor the relationship between his public statements and wallet activity. Recent data shows that wallets associated with Hayes still hold approximately $6.9 million worth of HYPE tokens. This suggests he has not fully exited his position and continues to maintain significant exposure. Large investor portfolio movements, especially in highly liquid altcoins, are closely watched for short-term market signals.
Hayes has followed similar patterns before with other altcoins such as Ethena and Pendle, where he expressed bullish expectations before selling at certain price levels. As a result, his latest comments on HYPE are being interpreted in two ways: as a strong bullish signal, but also as a potential setup for future profit-taking. The transparency of on-chain data makes such movements particularly significant following public statements.
Why Is Hyperliquid (HYPE) Gaining Attention?
Hyperliquid stands out as a next-generation decentralized derivatives exchange. Offering high speed, low transaction fees, and an on-chain liquidity structure, it has quickly attracted a substantial user base. With an $8 billion market capitalization, HYPE has entered the ranks of major altcoins and is closely followed by professional traders and DeFi participants. Arthur Hayes’ $150 target for Hyperliquid (HYPE) has reignited debate in the market. Given the current price level, this projection signals strong upside expectations. However, considering Hayes’ history of similar bullish calls followed by strategic selling, investors continue to monitor both his statements and on-chain wallet movements carefully.
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