Arthur Hayes, co-founder of BitMEX, has sold his entire holdings in Hyperliquid (HYPE) and Near (NEAR) due to concerns over rising energy costs, geopolitical risks, and anticipated competition from large AI IPOs. He expects the market to peak between now and September, prompting profit-taking amid a challenging crypto environment and capital rotation toward AI stocks. Hayes plans to explain his reasoning in more detail in an upcoming essay titled “Reality Test.” Despite his sale, Hyperliquid continues to show strong trading volume and institutional interest, though broader market conditions remain difficult.
Arthur Hayes sold his entire holdings in HYPE and NEAR tokens during a broader crypto market sell-off, transferring 247,334 HYPE tokens worth about $18 million to exchanges like OKX and Bybit. Despite HYPE and NEAR showing weekly gains, Hayes realloc...
Hyperliquid's price fell over 10% from its record high after BitMEX co-founder Arthur Hayes liquidated his entire HYPE holdings, worth about $18 million. This triggered profit-taking and a broader crypto market downturn amid rising oil prices and geo...
Hyperliquid's HYPE token briefly traded above Solana's SOL, hitting an all-time high near $75.40 while SOL dropped to its lowest since 2023. Despite Solana's larger market cap, Hyperliquid's growth in derivatives trading and institutional interest is...
The HYPE token from Hyperliquid surged to a new high of $74.67, overtaking Solana's SOL token in price for the first time. This rise is supported by the launch of Grayscale's HYPG ETF alongside two other U.S.-listed HYPE ETFs, collectively drawing ov...
Arthur Hayes, co-founder of BitMEX, sold all his Hyperliquid (HYPE) tokens worth about $18 million, along with an unspecified amount of NEAR tokens. He cited geopolitical tensions from the U.S.-Iran war and upcoming AI IPOs as reasons for the selloff...
