# Arthur Hayes Accumulates Altcoins, Excludes XRP

**Published:** 2026-05-27T16:43:05.000Z  
**Topic:** Crypto Bull Run  
**Sentiment:** neutral  
**Publisher:** TrendWatcher — https://www.trendwatcher.in/article/1d7041bc-f49d-4992-af92-58fd145e79a5

BitMEX co-founder Arthur Hayes has been accumulating specific altcoins, including Ethereum and Pendle, for a potential bull run, while excluding XRP [4, 2].

Arthur Hayes, co-founder of BitMEX and CIO at Maelstrom fund, has been actively acquiring several altcoins, transferring approximately $16.5 million in USDC to exchanges like Binance and Kraken [4]. Hayes believes the next crypto bull market is already underway, driven by factors such as AI capital expenditure and increased demand for financial privacy [2]. Notably, XRP is not among the altcoins he is accumulating [2].

**Key takeaways**
* Arthur Hayes has transferred about $16.5 million in USDC to exchanges to acquire altcoins [4].
* His purchases include Ethereum, Pendle, Lido DAO, and Ether.fi [4].
* Hayes predicts an "ultra bullish" altseason as Bitcoin potentially rises above $110,000 [4].
* He believes the current crypto bull market is fueled by government liquidity for AI and defense, which could flow into Bitcoin and other crypto assets [2].
* XRP, a cryptocurrency known for its use by financial institutions, is not among Hayes' current altcoin accumulations [3, 2].

## Hayes' Altcoin Strategy and Market Outlook

Arthur Hayes' recent altcoin acquisitions include 1,750 Ethereum, valued at $7.43 million, and 184,610 Pendle, worth $1.02 million [4]. He also purchased $556,570 worth of Lido DAO and $526,600 worth of Ether.fi [4]. Additionally, Hayes received 10 Ethena tokens from Wintermute and $3.4 million in USDC [4]. These moves align with his previous prediction of an "ultra bullish" altseason, which he suggested would coincide with Bitcoin's price surpassing $110,000 [4].

Hayes attributes the ongoing crypto bull market to a liquidity boom, stemming from governments in the U.S., China, and Europe printing money to fund AI infrastructure and national defense [2]. He argues that this liquidity will eventually flow into Bitcoin and selected crypto assets [2]. The decentralized finance (DeFi) total value locked (TVL) has reached April 2021 highs, exceeding $150 billion, and the global crypto market capitalization has hit an all-time high of $4.06 trillion, with market sentiment currently in the "greed zone" [4].

## Why it matters

Hayes' accumulation strategy highlights a focus on specific altcoins while excluding others like XRP, which is known for its role in financial institution payments due to perceived advantages like faster transactions and lower fees [2, 3]. His perspective suggests a belief that certain altcoins, beyond Bitcoin, could see significant gains during a bull run, potentially even outperforming Bitcoin as capital flows into a wider range of assets [1].

The NEAR co-founder, Illia Polosukhin, supports a shift in crypto towards fundamentals, emphasizing revenue, users, real products, and token economics [2]. He suggests that privacy and AI-powered agents could drive future adoption, and that projects like NEAR Protocol aim to become deflationary as revenue grows [2]. These views align with the idea that altcoins with practical applications and growing use cases could experience bull runs [1]. However, it is important to note that altcoins can be highly speculative, and their performance can diverge from Bitcoin or other assets due to various factors [1].

## Sources
1. Business Insider — [How to find and buy altcoins for the next bull run](https://www.businessinsider.com/personal-finance/best-altcoins)
2. Benzinga — [Arthur Hayes Is Accumulating 3 Altcoins For The Next Bull...](https://www.benzinga.com/crypto/cryptocurrency/26/05/52816774/arthur-hayes-is-accumulating-3-altcoins-for-the-next-bull-run-but-xrp-is-not-one-of-them)
3. Newsnow — [XRP News | Latest News - NewsNow](https://www.newsnow.com/us/Business/Cryptocurrencies/XRP)
4. Holder — [Arthur Hayes Accumulates $16.5 Million in Altcoins Amid Market...](https://Holder.io/news/arthur-hayes-accumulates-altcoins-amid-surge/)

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Cite as: TrendWatcher, "Arthur Hayes Accumulates Altcoins, Excludes XRP", https://www.trendwatcher.in/article/1d7041bc-f49d-4992-af92-58fd145e79a5