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Worldcoin price drops 28% after Arthur Hayes sells entire WLD stake, sparking market selloff.

Market News
06 Jun 2026
Crypto news
View Source
Bearish
pluang ai news

Worldcoin (WLD) price plunged 28% after Arthur Hayes disclosed that Maelstrom had exited its entire WLD position, wiping out much of the token's recent rally. Hayes, who had previously supported WLD due to AI enthusiasm, reversed his stance citing macroeconomic uncertainties and geopolitical tensions. Key support at $0.35 is critical; a break below could lead to a deeper drop toward $0.23. The selloff reflects broader crypto market weakness amid rising energy prices and uncertain AI investment sentiment.

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