Never Trust Crypto Predictions - Arthur Hayes Ethereum has dropped 37% from its August high of $4,800 to around $3,050, defying bullish analyst forecasts. Ethereum whales sold $360 million in ETH last week, reducing holdings from 5.73 million to 5.61 million, while spot ETFs saw $660 million in net outflows. BitMEX co-founder Arthur Hayes, who predicted ETH at $10,000-$20,000 in August and bought 1,500 ETH, sold over 1,100 ETH worth $3.3 million on Dec 19-20, shifting to DeFi tokens like Ethena (ENA), Pendle (PENDLE), and ether_fi (ETHFI). He still holds 3,842 ETH valued at $11.7 million, highlighting how even experts flip-flop, proving crypto predictions are unreliable.