Arthur Hayes, former BitMEX CEO and co-founder of Maelstrom, sold his entire Worldcoin (WLD) position days after his venture capital firm published bullish forecasts on the token, citing weakness in the SpaceX pre-IPO perpetual futures market. WLD rallied to above $0.60 following the optimistic research note but retreated to $0.46 after Hayes announced his exit, down from the peak.
This marks a pattern in Hayes' recent trading behavior. Earlier this year, he made similar bullish predictions on Hyperliquid (HYPE) and Zcash (ZEC) before liquidating both positions within days, citing concerns including rising energy prices and geopolitical tensions. Despite these exits, on-chain data from Arkham Intelligence shows Hayes has been re-entering positions opportunistically when valuations become attractive.