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BitMEX Founder Arthur Hayes Says US Rival Could Trigger Capital Flight Into Bitcoin, Shuns Altcoins for BTC BitMEX co-founder Arthur Hayes believes one catalyst could help send Bitcoin (BTC) to new all-time highs amid US President Donald Trump’s tariff trade war. Hayes tells his 674,800 followers on the social media platform X that the weakening of China’s yuan due to central bank money printing may cause investors to move their wealth into Bitcoin as a hedge, similar to what occurred in 2013 and 2015. “If not the Fed, then the PBOC (People’s Bank of China) will give us the yachtzee ingredients. CNY (Chinese yuan) devalue equals narrative that Chinese capital flight will flow into BTC. It worked in 2013, 2015, and can work in 2025. Ignore China at your own peril.” Hayes also believes Bitcoin may outperform other digital assets in the near term, stunting the altcoin market. “Been nibbling on BTC all. $BTC

Major Ethereum Whale Dumps 10,000 ETH After 2 Years, Is It Time To Get Out? An Ethereum whale has dumped its ETH holdings after holding them for over two years, even through a bull market. This capitulation from the ETH whale suggests it might be a good time to offload the leading altcoin, with a further crash in the coming weeks a possibility.  Ethereum Whale Dumps 10,000 ETH After 900 Days In an X post, on-chain analytics platform Lookonchain revealed that an Ethereum whale finally capitulated after holding for over 900 days, selling all their 10,000 ETH for $15.71 million. This whale had originally bought 10,000 ETH for $12.95 million at an average price of $1,295 on October 4 and November 14, 2022.  Related Reading: Ethereum Pain Is Far From Over: Why A Massive Drop To $1,400 Could Rock The Underperformer The Ethereum whale didn’t sell any of their ETH holdings, even when the leading altcoin . $ETH