Key facts
- Arthur Hayes sold his entire positions in HYPE and NEAR Protocol.
- Hayes announced the sale on X on June 4.
- He cited macro headwinds as the reason for his decision.
- The mentioned headwinds include the Iran war and the AI IPO pipeline.
Arthur Hayes, co-founder of BitMEX and a prominent public supporter of Hyperliquid, has announced the sale of his complete holdings in HYPE and NEAR Protocol. Hayes shared his decision on the social media platform X on June 4, stating that three macro headwinds had influenced his near-term assessment of risk. While the specific details of these headwinds were not fully elaborated in the provided text, Hayes indicated that the ongoing Iran war and the pipeline of upcoming Artificial Intelligence Initial Public Offerings (IPOs) were significant factors in his decision to exit these positions.