Arthur Hayes' Altcoin Sell-Offs Spark Controversy and Market Scrutiny
The crypto market is revisiting Arthur Hayes' past altcoin trades after his recent sell-off of three altcoins.
The crypto market is revisiting Arthur Hayes' past altcoin trades after his recent sell-off of three altcoins. Ethena (ENA) is trading at ₹19.97 ($0.2099). This is an original Token Times brief based on reporting by Bitcoin Sistemi, with live market data added, as of Mon, 26 Oct 2026 16:00:01 UTC.
Arthur Hayes' trading activities, particularly his past predictions and subsequent sell-offs, have historically influenced market sentiment and could impact investor confidence in the altcoins he trades.
- Arthur Hayes sold three altcoins recently, reviving scrutiny of his past trades.
- He previously predicted Ethena (ENA) could '51x' from current levels.
- Hayes sold ENA at 98% below his stated profit target.
- ENA is currently up 3.60% in the past 24 hours.
- Ethereum Tests $2,200 Support as Arthur Hayes Unloads $22.28M in Altcoins
- Arthur Hayes' Altcoin Sell-Offs Spark Controversy and Market Scrutiny — this brief
Arthur Hayes, a well-known but controversial figure in the cryptocurrency market, has recently sold three altcoins, prompting a re-examination of his past trading activities. This development has been reported by both 
Bitcoin Sistemi and Protos.
Protos provides additional context, noting that Hayes had previously predicted in August 2025 that 
Ethena (ENA) could '51x' from its then-current levels. However, he recently sold his position in ENA at a price 98% below his stated profit target.
The discrepancy between Hayes' past prediction and his recent sell-off has sparked debate and scrutiny within the crypto community. This is not the first time Hayes' trades have attracted attention; his past predictions and subsequent actions have often been under the microscope.
In the broader market context, the total cryptocurrency market cap stands at $2.76 trillion, with the overall market remaining relatively flat. Bitcoin has seen a slight decline of 0.44% in the past 24 hours, while the Fear & Greed Index is at 50, indicating a neutral market sentiment.
Ethena (ENA), one of the altcoins Hayes sold, is currently priced at $0.209719, having gained 3.60% in the past 24 hours and 12.50% over the last week. The market cap of ENA is $2.81 billion, reflecting its growing presence in the altcoin market.
Since this brief published about 32 hours ago, Ethena (ENA) has moved from ₹19.96$0.2097 to ₹19.97$0.2099 — +0.08%.
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 Token Times'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 ≈ ₹21.95 (about $0.2099), up 3.4% over 24 hours. The rupee itself trades about 9.9% above the official rate on the P2P market, so a Indian 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.
Token Times 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' Altcoin Sell-Offs Spark Controversy and Ma — questions & answers
What did Arthur Hayes predict about Ethena (ENA)?
Hayes predicted in August 2025 that ENA could '51x' from its then-current levels.
How much did Arthur Hayes sell his ENA position for?
He sold his ENA position at a price 98% below his stated profit target.
What is the current price of Ethena (ENA)?
ENA is currently priced at $0.209719, up 3.60% in the past 24 hours.
How much is 1 Ethena worth in rupee today?
About ₹21.95 at the live peer-to-peer (P2P) USDT rate, which is what Indians typically trade at — equivalent to roughly $0.2099. The rupee price moves with both ENA's US-dollar price and the USDT/INR rate; use our Ethena in rupee page for any amount.
Has Ethena's price moved since this brief was published?
ENA is up 0.08% since this brief first published — trading at ₹19.97 ($0.2099) now versus ₹19.96 ($0.2097) at publication. Token Times re-checks this figure against CoinGecko and Binance every 15 minutes.
Which outlets reported this story?
This is an original Token Times 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 Token Times 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.