Arthur Hayes says HYPE may underperform ETH and ZEC as perp DEX competition grows
- —Hayes flagged HYPE's weakening risk-reward amid crowded perp DEX competition
- —He liquidated his HYPE holdings and rotated into ETH and ZEC
- —Hayes urged investors to rely on analytical frameworks rather than price targets
Why it matters: Comments from a high-profile investor could add selling pressure on HYPE and shift capital toward ETH and ZEC.
Source: Coinfomania