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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

$84.729
-2.43%
24h Volume

$991,852,767.06

24h H/L

$87.42 / $83.52

Change: $3.90 (4.67%)

Funding Rate

+0.0030%

Longs pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$84.48

0.08%

Volume (24h): -

Resistance Levels
Resistance 3$101.5591
Resistance 2$97.0333
Resistance 1$86.9862
Price$84.48
Support 1$83.9231
Support 2$79.9859
Support 3$74.0098
Pivot (PP):$85.2733
Trend:Uptrend
RSI (14):64.0
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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