Arthur Hayes flips on Monad hours after aping In: ‘Send this dogshit to zero’
The post Arthur Hayes flips on Monad hours after aping In: ‘Send this dogshit to zero’ appeared on BitcoinEthereumNews.com.
Key Takeaways What happened with Arthur Hayes and Monad [MON]? On November 25, Hayes publicly announced he had “aped” into MON, triggering a 30% intraday rally to $0.048, but reversed his position within seven hours. Why is MON so volatile despite its $4.09B fully diluted valuation? MON’s circulating supply of just 10.83 million tokens [creating a low float] combined with its $4.09 billion FDV creates a structure where small capital inflows or influencer sentiment can trigger massive price swings. Arthur Hayes, BitMEX co-founder and one of crypto’s most vocal traders, executed a stunning about-face on Monad [MON] within seven hours on 25 November —publicly aping into the token, triggering a 30% pump, then capitulating and urging followers to “send this dogshit to ZERO” as the rally evaporated. The whiplash sent shockwaves through the Monad community and reignited debate about the dangers of low-float, high-FDV token structures that amplify influencer-driven volatility. Hayes pumps MON, then dumps hours later On 25 November, Hayes posted a tongue-in-cheek endorsement of MON, describing it as “another low float, high FDV useless L1” but adding “obvi I aped. It’s a bull market…!” Source: X MON responded instantly, surging over 30% to approach $0.048 within hours. Seven hours later, Hayes reversed course completely: “I’m out. Send this dogshit to ZERO!” accompanied by a chart showing MON’s rally collapsing back toward $0.042. Source: X The dramatic flip triggered immediate confusion and backlash. Some traders accused Hayes of exploiting MON’s thin liquidity for a quick trade, while others saw it as validation of concerns about the token’s unsustainable structure. Monad’s price action shows classic pump-and-dump pattern MON’s 24-hour chart captures the chaos: Sharp rally beginning late 24 November Breakout momentum carrying into the 26th, peaking near $0.048 Corrective dip to $0.040, coinciding with Hayes’ exit announcement Current consolidation around…
Filed under: News - @ November 27, 2025 6:26 pm