Arthur Hayes has turned Monad Crypto (MON) into the most volatile token of the week, detonating sentiment with a sharp public reversal. It all comes just two days after hyping MON with “MON to $10,” when the BitMEX co-founder dumped his position and told traders to send it to zero.
“I’m out. Send this dogshit to ZERO!” But obvi I aped. It’s a bull market.” – Arthur Hayes said all in the same week
Hayes always makes for good theater, but it has distracted from the real movement on-chain, according to supporters of Monad. So what’s really going on? Meanwhile, there’s a new crypto presale that is trending for 2026.
DISCOVER: Next 1000X Crypto: 10+ Crypto Tokens That Can Hit 1000x in 2025
Is Monad Crypto Dead? Here’s What Arthur Hayes Thinks
Although Hayes is out on Monad crypto, Nansen’s dashboards caught the rest with mega-whales ramping their stacks more than +10%, climbing to 176.44M MON, and standard whales quietly added another 4.8M. The sell-off narrative never matched the money.
In all, whales now control over 300M MON, contradicting Hayes’ public disdain.
Meanwhile, Hayes rotated into ENA, PENDLE, and ETHFI, accumulating more than $3M across the three tokens and proving his MON meltdown may have been more positioning than conviction.
Hayes’s greater macro thesis for crypto at the moment is that the dump sucks, but he knew that it was bound to happen (allegedly!). He suggests we basically have to wait for this liquidity drought to end.
Don’t be fooled by stocks; they will dump too and force the Fed to start printing.
DISCOVER: Top 20 Crypto to Buy in 2025
New Meme Coin Bitcoin Hyper Could Be the Next Catalyst in 2026
Although Monad Crypto is being dumped on, Bitcoin Hyper, a new Bitcoin Layer-2 chain built with the Solana Virtual Machine (SVM), is the first L2 to integrate SVM, offering near-instant transaction times and low fees while being secured by Bitcoin.
It, along with BTC DeFi, is looking to be one of the standout narratives of 2026.
DISCOVER: 20+ Next Crypto to Explode in 2025
Too much throughput. Too much speed. Too much Hyper. ⚡️😄https://t.co/VNG0P4FWNQ pic.twitter.com/EjRf3Iw0lv
— Bitcoin Hyper (@BTC_Hyper2) November 27, 2025
HYPER operates through a bridge mechanism: BTC is locked, a wrapped version is minted, and that token can be used across dApps in the ecosystem.
Early investors have put in $28.7 Mn less than 24 hours before the $0.013345 token round closes. If momentum builds, Bitcoin Hyper’s pitch of Bitcoin-grade security with Solana-style throughput could become a Q4 talking point for traders eyeing a $200k BTC.
Moreover, whales are starting to take notice, with one dropping a near six-figure bag this week on HYPER.
Join the Utility Wave with BTC Hyper Now
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Key Takeaways
- Arthur Hayes has turned Monad Crypto (MON) into the most volatile token of the week.
- High fees and slow confirmations have long plagued the BTC network. Bitcoin Hyper, a new Layer 2 project currently in presale, aims to fix that
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