Arthur Hayes has done it again. Just now, the BitMEX co-founder and Maelstrom CIO revealed he had sold his entire HYPE and NEAR positions. Why? Rising energy prices tied to tensions in Iran, looming AI IPOs that could drain market liquidity, and a belief that markets may peak sometime between now and September. His solution is to take profits and rotate into Bitcoin.
I just dumped my entire $HYPE and $NEAR position, I will explain why in my essay “Reality Test” dropping next Tuesday.TLDR:– Higher energy prices due to Iran war and inventory restocking– 3 Mega AI IPOs between now and early Q3– Prediction that Trump goes anti-AI to win…— Arthur Hayes (@CryptoHayes) June 4, 2026
Fair enough, but the problem is that just four days earlier, Hayes was singing a different song. Just days ago, he posted “Meow — $HYPE to $150” alongside a cat meme while continuing to promote what he called his “holy trinity” of altcoins: HYPE, ZEC, and NEAR. He even made a $100,000 charity bet with Kyle Samani that Hyperliquid would outperform every top-10 cryptocurrency by year-end.
Meow – $HYPE to $150…Fuck TradFiFuck the Clarity ActLong live Caesar!!!! pic.twitter.com/UlqtnXuMdk— Arthur Hayes (@CryptoHayes) May 30, 2026
Then came the exit. There’s nothing wrong with taking profits. The issue is that this pattern has become familiar.Back in September 2025, Hayes was also aggressively bullish on Hyperliquid, floating a potential 126x rally and repeatedly talking up the token before later selling millions of dollars worth. At the time, he famously admitted some of the proceeds went toward buying a Ferrari.
On September 21 Arthur Hayes sold his entire $HYPE position for $5.1M(He shilled it in stage before)Joking that the gains would cover his Ferrari deposit.This aged like milk now looking at the token price pic.twitter.com/s6SC1bHrBD— StarPlatinum (@StarPlatinum_) May 30, 2026
Eventually, he bought back in, renewed his bullish outlook, and resumed promoting the trade. Fast forward to 2026, and it’s the same script all over again, fresh price targets, fresh conviction, fresh narratives, and then another exit.Discover: The best crypto to diversify your portfolio withArthur Hayes vs. the CommunityThe community is on point. Arthur Hayes would buy a token that’s already moving, promote increasingly aggressive targets, then sell into the resulting momentum. Others questioned how someone could spend days discussing a $150 target only to liquidate an entire position almost immediately afterward.
Arthur did it again!Bull post then sell like a scammy KOL.He will regret this time. https://t.co/0inle0M2Ko— Ericonomic (@ericonomic) June 4, 2026
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