📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
Recently, the crypto assets market has once again become the focus. According to reliable sources, well-known trader Arthur Hayes announced through social media that he has completely bought back the previously sold crypto assets and expressed his apologies to Bitmine chairman Tom Lee. Hayes promised that he would no longer perform take profit operations in the future, and this statement has sparked widespread discussion in the market.
Previously, Hayes had sold approximately $13.35 million worth of Ethereum (ETH), ENA, and PEPE tokens. At the same time, he boldly predicted that the price of Bitcoin would climb to $100,000, while Ethereum could reach $3,000. However, the actual market trends seem to have exceeded Hayes's expectations.
Latest data shows that the price of Ethereum (ETH) has fallen back after briefly breaking through the $4200 mark, but it still maintains a 3.94% intraday increase. This price trend not only validates the market's strong momentum but also reflects investors' optimistic outlook on the long-term development prospects of Crypto Assets.
Hayes' buyback actions and public apology have caused quite a stir in the industry. Some analysts believe this may be a remedy for misjudging market trends, or perhaps an effort to maintain personal credibility. In any case, this incident once again highlights the high volatility and uncertainty of the Crypto Assets market.
As the price of ETH continues to rise, market participants are closely watching whether it can hold above the $4000 level. Meanwhile, Bitcoin's performance is also under scrutiny, with investors generally hoping it can move towards the $100,000 target predicted by Hayes.
In this rapidly changing encryption world, investors need to stay vigilant at all times, view market fluctuations rationally, and manage risks effectively. Although the allure of high returns is tempting, caution and rationality remain key to surviving in this market full of opportunities and challenges.