{"id":3620,"date":"2026-06-04T22:30:25","date_gmt":"2026-06-04T22:30:25","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3620"},"modified":"2026-06-04T22:30:25","modified_gmt":"2026-06-04T22:30:25","slug":"arthur-hayes-exits-hype-and-near-positions-weeks-after-expressing-optimism","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/06\/04\/arthur-hayes-exits-hype-and-near-positions-weeks-after-expressing-optimism\/","title":{"rendered":"Arthur Hayes Exits HYPE and NEAR Positions Weeks After Expressing Optimism"},"content":{"rendered":"\n
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Crypto entrepreneur and BitMEX cofounder Arthur Hayes has sold all of his holdings in HYPE and NEAR, a move that comes only weeks after publicly expressing bullish views on both cryptocurrencies.<\/p>\n\n\n\n

In a post on X, Hayes revealed that he had completely exited his positions and said he would soon publish an essay titled Reality Test<\/em> to explain the reasoning behind the decision.<\/p>\n\n\n\n

Growing Macro Concerns Drive Caution<\/strong><\/p>\n\n\n\n

Hayes cited several factors that have made him more cautious about market conditions. Among them were rising energy costs linked to the conflict involving Iran, corporate inventory rebuilding, a wave of upcoming artificial intelligence related initial public offerings, and the possibility that President Donald Trump could adopt a less favorable stance toward the AI sector ahead of the U.S. midterm elections.<\/p>\n\n\n\n

Taken together, these developments suggest to Hayes that financial markets could be approaching a short term peak sometime between now and September.<\/p>\n\n\n\n

HYPE Falls as Market Reacts<\/strong><\/p>\n\n\n\n

The announcement coincided with a difficult trading session for Hyperliquid. The token was trading slightly above $65 at the time of reporting, representing a decline of roughly 10% over the previous 24 hours.<\/p>\n\n\n\n

Despite the pullback, HYPE remains one of the strongest performers in the cryptocurrency market. The token has gained around 16% over the past week, making it the only asset among the ten largest cryptocurrencies by market capitalization to post a weekly increase.<\/p>\n\n\n\n

Hayes\u2019 decision attracted attention because he had recently suggested that HYPE could eventually climb to $150. The abrupt shift prompted speculation among traders about whether he had fundamentally changed his outlook or was simply securing profits after a strong rally. Such moves are not uncommon for Hayes, who has previously adjusted positions despite maintaining long term optimism on an asset.<\/p>\n\n\n\n

Institutional Buyers Continue Accumulating<\/strong><\/p>\n\n\n\n

While Hayes was reducing exposure, other market participants were moving in the opposite direction.<\/p>\n\n\n\n

Hyperliquid Strategies announced that it acquired an additional 1.4 million HYPE tokens over the past week, a purchase valued at approximately $95 million. During the same period, the firm\u2019s cash reserves declined by roughly $15.5 million.<\/p>\n\n\n\n

The company now holds around 23.7 million HYPE tokens along with approximately $141.7 million in cash.<\/p>\n\n\n\n

At current market prices, Hyperliquid Strategies\u2019 shares are trading at about 1.29 times net asset value. This premium provides the firm with the ability to issue additional at the market shares, raise capital, and potentially increase its HYPE holdings further through new purchases.#crypto#cryptonews https:\/\/coinsignals.net<\/a> https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Crypto entrepreneur and BitMEX cofounder Arthur Hayes has sold all of his holdings in HYPE and NEAR, a move that comes only weeks after publicly expressing...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3620","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3620","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3620"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3620\/revisions"}],"predecessor-version":[{"id":3622,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3620\/revisions\/3622"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3620"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3620"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3620"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}