Arthur Hayes Exits HYPE and NEAR, Warns Crypto Market Will Peak by September
Arthur Hayes is a co-founder of crypto derivatives exchange BitMEX and chief investment officer of family office Maelstrom. His trades are often viewed as market signals. The selloff drew particular attention because he had recently predicted that HYPE could reach $150 in August and that NEAR could rise 20-fold by 2027.
Hayes said on June 4 that he had fully exited HYPE and NEAR. Onchain Lens said he sold 247,334 HYPE for about $18 million, after which HYPE and NEAR fell 8.4% and 17.4%, respectively. He warned that energy costs, initial public offerings by three AI giants and a shift in Trump’s policies could drain liquidity, predicting that the market would peak by September at the latest. He continues to hold WLD.
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The history behind this eventArthur Hayes Sees HYPE at $150, Touts Hyperliquid's Weekend Price-Discovery Edge
Hyperliquid is a decentralized platform focused on on-chain perpetual futures trading. The value of its native HYPE token is closely tied to trading volume, fee revenue and ecosystem growth. Arthur Hayes argues that the information gap created when traditional financial markets close for the weekend gives the round-the-clock platform an opportunity to handle price discovery for assets including crude oil.
Hayes reiterated his bullish view on HYPE in July 2026, predicting that the token could reach $150 by August of the same year. He cited genuine demand for trading on the platform and strong revenue as the main reasons. Hayes said Hyperliquid's on-chain quotes could become an important reference for crude oil prices when traditional exchanges leave the weekend market, further boosting demand for both the platform and its token.
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