Something Spooked Arthur Hayes Into Dumping HYPE And NEAR — Here Are The 5 Reasons

Arthur Hayes, co-founder of BitMEX and Chief Investment Officer of Maelstrom, announced on June 4 that he has exited his entire positions in both Hyperliquid’s HYPE token and NEAR Protocol — reversing two of his most publicly stated high-conviction long calls — citing five macro and geopolitical factors he believes will weigh on risk assets between now and early Q3 2026.The exit marks a significant about-face for Hayes, who had publicly identified HYPE as one of his two largest