Summary
- Arthur Hayes, co‑founder of BitMEX, reportedly mentioned a buying opportunity during the adjustment phase of the virtual asset market.
- Hayes said Maelstrom Fund is currently amassing high-quality shitcoins, that is, volatile and high-risk altcoins.
- Hayes' remarks were reported as a signal of expanded altcoin investment with a high-risk·high-return strategy in mind.
Arthur Hayes, co‑founder of BitMEX, mentioned a buying opportunity during the adjustment phase of the virtual asset (cryptocurrency) market and hinted at expanding altcoin investments.
On the 19th, Hayes wrote on X (formerly Twitter), "Time to go shopping," and said, "Maelstrom Fund is currently actively accumulating high-quality 'shitcoins'."
Meanwhile, the 'shitcoins' Hayes referred to is a term that typically denotes altcoins with high volatility and high risk, and is interpreted as a remark made with a high-risk·high-return strategy in mind.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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