Arthur Hayes Sells All HYPE and NEAR Holdings

Arthur Hayes announced on X platform that he has sold all his HYPE and NEAR holdings. According to Odaily, Hayes plans to explain his decision in an article titled 'Reality Test' to be released next Tuesday. Hayes mentioned that the Iran war and inventory replenishment are likely to drive up energy prices. He also noted that three major AI companies are expected to go public between now and early Q3. Additionally, he predicted that U.S. President Donald Trump might turn against AI to help the Republican Party win the midterm elections. Hayes believes the market peak will occur between now and September, suggesting that it is a good time to take profits and exit positions without concern.