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Arthur Hayes sells entire Worldcoin position amid rising volatility and AI market concerns

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

Arthur Hayes, co-founder of BitMEX, sold his entire Worldcoin (WLD) position on June 6 after initially supporting the AI-linked token. He had previously exited other altcoins like HYPE, NEAR, and ZEC within days, citing rising market volatility and macroeconomic concerns including energy prices and potential regulatory risks around AI. WLD had surged about 68% even as the broader crypto market fell nearly 10%, but Hayes reversed course quickly due to increased volatility and risk. His moves signal a cautious stance on high-beta altcoins amid uncertain market conditions, raising questions about WLD's price sustainability without his backing.

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