A wallet linked to Bitmex co-founder Arthur Hayes has repurchased 85,714 HYPE at $62.69 each, days after the same wallet sold a larger batch of 115,453 tokens at $54.81, confirming a sell-low, buy-high sequence that analysts flagged on Monday.
The Buyback That Resolved the MysteryThat question now has an answer as the deposit was confirmed as a sell at an average of $54.81 per token. The same wallet then withdrew 85,714 HYPE (worth $5.37 million) from Bybit at $62.69 per token, roughly three hours before the investigation was published. In all, Hayes-linked activity cashed out a larger position at $54.81 and bought back a smaller one at approximately $8 more per token.
