BitMEX Founder Arthur Hayes Announces He Sold All Two Altcoins in His Portfolio! Here Are the Details

Arthur Hayes, a leading figure in the cryptocurrency sector, announced that he has sold all of his Hyperliquid (HYPE) and Near Protocol (NEAR) holdings. Hayes, the founder of BitMEX, attracted attention in the markets with his decision, particularly due to his recent optimistic statements about both assets.

Hayes stated that he will detail the reasons behind the decision to sell in a comprehensive article to be published next Tuesday, but for now, he shared some key justifications. According to the experienced investor, there are a number of developments that could increase risks in global markets.

These include rising energy prices due to the possibility of renewed conflict in Iran, large-scale AI company IPOs expected to continue until the beginning of the third quarter, and the expectation that US President Donald Trump may adopt a tougher anti-AI policy to strengthen his Republican base during the election campaign.

Hayes also stated that he believes the markets could reach their peak levels between now and September, and therefore, now is a good time to take profits. This statement was interpreted as the investor beginning to adopt a more cautious stance in the cryptocurrency markets in the short term.

What’s noteworthy is that Hayes shared a rather optimistic outlook for HYPE just a few days ago. In his assessment on May 30th, Hayes predicted that the Hyperliquid token could rise to $150, and he had previously made positive predictions for NEAR, describing the project as a cryptocurrency with strong fundamentals.

Market analysts note that Hayes’s sudden decision to sell is being closely watched by investors, and they believe that the article, to be published next week, could provide important clues about the direction of the cryptocurrency markets.

This is not investment advice.

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