Arthur Hayes-linked address withdraws 47,000 HYPE worth $3.16 million from Bybit

Arthur Hayes-linked address withdraws 47,000 HYPE worth $3.16 million from Bybit

On-chain analyst Ai Yi said the wallet shares a Bybit deposit address with Arthur Hayes, marking another HYPE purchase after his clarification a week earlier.

HYPE

Fact Check
The original analyst post by @ai_9684xtpa states exactly what the claim reports: an address sharing a Bybit deposit address with Arthur Hayes withdrew 47,000 HYPE (~$3.16M) from Bybit, occurring after his 'I didn't buy shit' clarification a week earlier. Three independent outlets (BlockBeats, PANews, Odaily) reproduce identical figures and cite the same source, and the wallet (0xf7A4...07494) is referenced on Arkham. The earlier Hayes denial is independently confirmed (Bitget News and others). The transaction reporting and attribution are accurate; the only caveat is that the Hayes 'link' is an inferred shared-deposit-address association, not definitive proof of personal control, which the claim and analyst correctly frame as 'linked.'
Summary

A wallet flagged by on-chain analyst Ai Yi as linked to Arthur Hayes withdrew 47,000 HYPE worth $3.16 million from Bybit about an hour earlier, indicating another HYPE purchase. The analyst said the address shares the same Bybit deposit address as Hayes. The move comes a week after Arthur Hayes said, "I didn't buy shit," a remark that had pushed back on earlier speculation around HYPE accumulation.

Terms & Concepts
  • on-chain analyst: Researcher who tracks blockchain wallet activity
  • Bybit deposit address: Exchange wallet address used for deposits
  • HYPE: A crypto token mentioned in the transaction