JUN 4·benzinga.comMed
Arthur Hayes Bet $100, 000 HYPE Beats Bitcoin, Solana, XRP: Why Did He Sell It All Three Days Later?
Arthur Hayes said on X that macro shifts led him to sell his HYPE position after a $100,000 bet, citing higher energy prices from the Iran war, inventory restocking, expected AI IPOs, a view that Trump may pivot against AI for midterms, and an expectation that market highs come before September. On-chain data showed about $18M in HYPE moved to Flowdesk. Separately, U.S. spot Bitcoin ETFs saw continued outflows, while HYPE ETFs stayed net positive.