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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

$70.56
-0.87%
24h Volume

$970,473,772.75

24h H/L

$72.65 / $68.60

Change: $4.05 (5.90%)

Funding Rate

-0.0002%

Shorts pay

Data provided by COINOTAG DATALive data
HYPE
HYPE
Daily

$70.60

-1.05%

Volume (24h): -

Resistance Levels
Resistance 3$88.5427
Resistance 2$76.6817
Resistance 1$72.1339
Price$70.60
Support 1$67.8829
Support 2$64.915
Support 3$58.6275
Pivot (PP):$70.6167
Trend:Uptrend
RSI (14):57.9
TB
The Block Editorial
(09:36 AM UTC)
1 min read
JM
Verified byJames Mitchell
908 views
0 comments

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…

COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.

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Source

The Block Editorial · The Block

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