Arthur Hayes Dumps Entire HYPE and NEAR Stack Days After $100,000 HYPE Bet

Arthur Hayes, co-founder of BitMEX, has revealed that he sold his entire Hyperliquid (HYPE) and NEAR Protocol (NEAR) holdings. The move follows a stretch of high-conviction posts, including a $100,000 charitable wager that the token would outperform every other top-ten asset by years end. Arthur Hayes has dumped 247,334 $HYPE ($18.02M) and an unknown amount of $NEAR.Interestingly, the sale comes shortly after Arthur publicly challenged someone to a $100K charity bet, claiming that $HYPE will outperform every other top-10 cryptocurrency. Arthur Hayes Bets Liquidates HYPE and NEAR Positions Hayes has long been bullish on HYPE and even recently forecasted that NEAR could go for da moon. In April, it was reported that Hayes had accumulated over 26,000 HYPE tokens, worth roughly $1.1 million. He also set a price target of $150, predicting HYPE would overtake Solana (SOL). Hayes announced the sale in a post on X (formerly Twitter), promising a fuller explanation next week. Still, the executive outlined four reasons in the post. He pointed to higher energy prices due to the Iran war and to inventory restocking. Hayes also flagged three large artificial intelligence (AI) initial public offerings (IPOs) expected before early Q3. Furthermore, he predicted President Donald Trump would turn against AI to help Republicans win the midterm elections. He expects markets to top between now and September, framing the sale as profit-taking before the peak. Nonetheless, the executive still continues to be bullish on some assets. Yesterday, he posted a bullish call on Worldcoin (WLD), targeting $10 per token. The SpaceX IPO is going to melt peoples faces off. Holding the WLD through the listing next week, he posted. The Reality Test essay, due next week, should clarify whether Hayes is timing a top or rotating capital. For now, his actions and his words point in different directions.