Arthur Hayes has done it again. Just now, the BitMEX co-founder and Maelstrom CIO revealed he had sold his entire HYPE and NEAR positions. Why? Rising energy prices tied to tensions in Iran, looming AI IPOs that could drain market liquidity, and a belief that markets may peak sometime between now and September. His solution is to take profits and rotate into Bitcoin.
Fair enough, but the problem is that just four days earlier, Hayes was singing a different song. Just days ago, he posted “Meow — $HYPE to $150” alongside a cat meme while continuing to promote what he called his “holy trinity” of altcoins: HYPE, ZEC, and NEAR. He even made a $100,000 charity bet with Kyle Samani that Hyperliquid would outperform every top-10 cryptocurrency by year-end.
Then came the exit. There’s nothing wrong with taking profits. The issue is that this pattern has become familiar.
Back in September 2025, Hayes was also aggressively bullish on Hyperliquid, floating a potential 126x rally and repeatedly talking up the token before later selling millions of dollars worth. At the time, he famously admitted some of the proceeds went toward buying a Ferrari.
Eventually, he bought back in, renewed his bullish outlook, and resumed promoting the trade. Fast forward to 2026, and it’s the same script all over again, fresh price targets, fresh conviction, fresh narratives, and then another exit.
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Arthur Hayes vs. the Community
The community is on point. Arthur Hayes would buy a token that’s already moving, promote increasingly aggressive targets, then sell into the resulting momentum. Others questioned how someone could spend days discussing a $150 target only to liquidate an entire position almost immediately afterward.
Some
The post Arthur Hayes Dumped HYPE and NEAR: Shill, Pump, Dump, Repeat appeared first on BitcoinLinux.
