Arthur Hayes: Maelstrom Fully Allocated to Risk Assets, Bitcoin and Ethereum Core Bets

BlockBeats News, August 25th, Arthur Hayes posted that the Maelstrom Fund is currently at its "maximum risk exposure" state, with key bets including Bitcoin, Ether, Ethena, and Ether.fi. Hayes believes that regardless of whether U.S. Treasury Secretary Bessemer increases dollar liquidity quickly or slowly, Bitcoin will continue to rise, but market volatility will also intensify, so leverage should not be used unless one is a full-time trader.

Hayes also stated that Bessemer's recent actions to expand the scale of long-term Treasury repurchases may further increase dollar liquidity and drive up Bitcoin and other risk assets. He expects that if U.S. bond yields approach 5% again, the U.S. Treasury may further expand repurchases or take other measures to increase dollar liquidity.