Overview

• On August 1–2, Hayes sold 2,373 Ether, 7.76 million ENA tokens and 38.86 billion PEPE tokens for roughly $13 million
• He placed the proceeds in USDC, bringing stablecoins to over 80 percent of the $27.9 million held in his address
• Hayes pointed to President Trump’s new tariffs and a weaker-than-expected jobs report as drivers, predicting Bitcoin could test $100,000 and Ether revisit $3,000
• The liquidation coincided with Bitcoin trading near $113,000, Ethereum dropping 5 percent to below $3,600 and $812 million flowing out of spot Bitcoin ETFs
• Despite this tactical exit, he maintains year-end targets of $250,000 for Bitcoin and $10,000 for Ether