Arthur Hayes Dumps HYPE and NEAR Before SpaceX IPO

HYPE-7.62%
WLD4.35%
According to Arthur Hayes, BitMEX co-founder and Maelstrom Fund manager, he sold his entire holdings of Hyperliquid (HYPE) and Near Protocol (NEAR) on June 4, citing upcoming IPOs including SpaceX as a bearish catalyst. Hayes stated it was "time to take profit" as the IPOs forced him to rebalance his altcoin portfolio. However, he remains bullish on Worldcoin (WLD), noting "The SpaceX IPO is going to melt people's faces off," as he plans to hold WLD through next week's listing. WLD surged 12% in the past 24 hours.
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