Arthur Hayes, co-founder of BitMEX, views the upcoming SpaceX IPO and other AI-related IPOs as bearish for the crypto market, prompting him to sell his entire holdings in altcoins like Hyperliquid (HYPE) and Near Protocol (NEAR) to take profits. Despite this, Hayes is bullish on Worldcoin (WLD) due to its focus on human identification in the AI era, coinciding with a recent 12% surge in WLD. Meanwhile, altcoin inflows have declined amid Bitcoin's price drop, signaling cautious investor sentiment. The overall impact of these IPOs on the crypto market remains uncertain, but some see it as a potential buying opportunity for select altcoins.
Despite a 3.85% drop in the crypto market on June 4, Hyperliquid (HYPE) whales withdrew over $55 million worth of tokens from exchanges, signaling strong accumulation. The top 100 HYPE holders increased their stakes by 1.36%, and smart money holdings...
Hyperliquid's HYPE token fell from record highs after BitMEX co-founder Arthur Hayes sold his entire position, citing concerns over rising oil prices, AI IPOs, and broader market risks. Despite the drop, HYPE remains up 167% year-to-date and is still...
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...
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...
