Arthur Hayes' Recent Altcoin Sell-Off Sparks Debate Over Past Trades
Controversial crypto figure Arthur Hayes' recent sale of three altcoins has revived discussion about his previous trading patterns.
Controversial crypto figure Arthur Hayes' recent sale of three altcoins has revived discussion about his previous trading patterns. Ethena (ENA) is trading at $0.2077, down 1.0% since this brief published. This is an original TLT brief based on reporting by Bitcoin Sistemi, with live market data added, as of Mon, 26 Oct 2026 17:00:06 UTC.
Arthur Hayes' trading activities, particularly his large-scale altcoin transactions, have historically influenced market sentiment and price movements. His recent sell-off, combined with resurfaced past predictions, raises questions about market manipulation and the credibility of influencer advice.
- Arthur Hayes sold three altcoins recently, reviving discussion of his past trades.
- He previously predicted ENA could '51x' but sold at 98% below his target.
- Market cap of ENA is $2.81B, showing resilience despite the sell-off.
- Arthur Hayes Exits Maelstrom Trades Amid $22.28M Token Sell-Off
- Ethereum Price Tests $2,350 Support Amid Arthur Hayes' $22M Altcoin Selloff
- Arthur Hayes' Recent Altcoin Sell-Off Sparks Debate Over Past Trades — this brief
- Ethena's ENA Token Rallies 4% Amid Arthur Hayes' $2.73M Sell-Off
Arthur Hayes, a well-known but controversial figure in the cryptocurrency market, has recently sold three altcoins, prompting a reexamination of his past trading behavior. This development has been reported by both 
Bitcoin Sistemi and Protos.
Protos highlights a specific instance from August 2025 where Hayes predicted that 
Ethena (ENA) could '51x' from its then-current levels. However, over the weekend, Hayes revealed that he sold his ENA holdings at a price 98% below his original profit target.
The market cap of ENA currently stands at $2.81B, with the coin showing a 24-hour increase of 3.60% and a 7-day gain of 12.50%. This suggests that the coin has maintained relative stability despite Hayes' sell-off.
The resurfacing of Hayes' past predictions and trades has sparked debate about the influence of high-profile figures on the cryptocurrency market. His ability to predict massive gains but sell far below those targets raises questions about the credibility of influencer advice and potential market manipulation.
The broader market remains relatively flat, with a total crypto market cap of $2.76T. Bitcoin is down 0.44% in the last 24 hours, and the Fear & Greed index sits at 50, indicating a neutral market sentiment.
Since this brief published about 33 hours ago, Ethena (ENA) has moved from $0.2097 to $0.2077 — -0.98%.
The chart plots ENA's price: grey is the move before this brief published, the vertical dashed line marks the moment it published, the horizontal dashed line is the price then, and the coloured area is the move since — from TLT's market data (daily resolution). It shows what happened after the news, not that the news caused it; many factors move prices. Not financial advice.
At today's peer-to-peer rate, 1 ENA ≈ ₦287.07 (about $0.2077), up 1.2% over 24 hours. The naira itself trades about 3.6% above the official rate on the P2P market, so a Nigerian buyer's effective cost differs from the headline dollar price.
Live market data
Current prices for the asset in this story — live, source-stamped, updated every 15 minutes.
Figures and sectors in this story, checked live against on-chain aggregators · October 26, 2026.
TLT reads these figures directly from on-chain aggregators (DeFiLlama, mempool.space) at build time — independent of what any outlet reported. Sector totals aggregate every protocol DeFiLlama tracks in that category. Values are live and will change.
Arthur Hayes' Recent Altcoin Sell-Off Sparks Debate Over — questions & answers
What did Arthur Hayes predict about ENA?
He predicted ENA could '51x' from its August 2025 levels.
How much did Hayes sell ENA for?
He sold at 98% below his original profit target.
What is ENA's current market cap?
ENA's market cap is $2.81B.
How much is 1 Ethena worth in naira today?
About ₦287.07 at the live peer-to-peer (P2P) USDT rate, which is what Nigerians typically trade at — equivalent to roughly $0.2077. The naira price moves with both ENA's US-dollar price and the USDT/NGN rate; use our Ethena in naira page for any amount.
Has Ethena's price moved since this brief was published?
ENA is down 0.98% since this brief first published — trading at $0.2077 now versus $0.2097 at publication. TLT re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original TLT brief that synthesises reporting from Bitcoin Sistemi. It is not a copy of any one article — follow the source links above for the original reporting.
Original summary — not financial advice. This is an original TLT brief that summarises a development reported elsewhere and adds live market data for context; it is not the original article and reproduces no part of it. Follow the source link above for full details. Crypto is volatile and high-risk — always do your own research.