Arthur Hayes Warns of 99% Monad Crash Risk, Expects Major Market Correction

Arthur Hayes, renowned figure in the crypto industry and co-founder of BitMEX, has issued a critical warning regarding Monad (MON). In a recent interview, he highlighted potential risks associated with MON’s structure, predicting a 99% crash post-insider unlocks. This projection stems from concerns about its high fully diluted valuation (FDV) and limited circulating supply, which could lead to unpredictable price swings during market downturns.