‘I just bought SOL’ — Arthur Hayes after Solana price rebounds 500% By Cointelegraph

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Arthur Hayes, the former CEO of crypto derivatives exchange BitMEX, has “admitted” to buying Solana’s SOL (SOL) at its possible local top, stressing his bullish outlook for the cryptocurrency.

Hayes’ self-admitted SOL purchase occurred after it had already rebounded 500% from its market bottom near $8 in December 2022.

year-to-date price performance. Source: TradingView
SOL/USD daily price chart. Source: TradingView
SOL/USD three-day price chart. Source: TradingView