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via The Block · By The Block Editorial

Arthur Hayes sells entire HYPE and NEAR positions, citing AI IPOs and US midterms

HYPE

HYPE/USDT

$57.063
+1.37%
24h Volume

$220,364,683.71

24h H/L

$57.39 / $55.92

Change: $1.47 (2.63%)

Funding Rate

+0.0017%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$57.04

0.19%

Volume (24h): -

Resistance Levels
Resistance 3$62.1584
Resistance 2$59.8286
Resistance 1$57.5833
Price$57.04
Support 1$56.1339
Support 2$53.75
Support 3$46.4832
Pivot (PP):$56.7333
Trend:Sideways
RSI (14):50.2
TB
The Block Editorial
(09:36 AM UTC)
1 min read
JM
Verified byJames Mitchell

Arthur Hayes, co-founder of BitMEX and chief investment officer at Maelstrom, said on Thursday that he has sold his full positions in Hyperliquid and Near Protocol's native cryptocurrencies.

In a post on social media platform X, Hayes summarized several reasons behind the sales, mostly related to macroeconomic trends and conditions.

One of the reasons was higher energy prices due to the war in…

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The Block Editorial · The Block

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