Arthur Hayes Recalls $200K Ethereum Call After Wipeout
An $800 million crypto market wipeout has revived Arthur Hayes's extreme $200,000 Ethereum price call.
A recent $800 million market wipeout has brought renewed attention to Arthur Hayes's long-standing price target for Ethereum ($ETH), according to Ccn. The notable market downturn prompted market observers to revisit the extreme prediction.
Market Liquidation Impact
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The sharp market correction resulted in substantial liquidations across derivatives platforms, affecting leveraged positions industry-wide. Market participants assessed the fallout from the swift leverage flush.
Key facts
- An $800 million crypto market wipeout occurred across derivatives.
- Arthur Hayes's extreme $200,000 Ethereum price call was revived following the event.
Source: news.google.com
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