Arthur Hayes sold all HYPE and NEAR holdings, citing energy prices, AI IPOs, Trump policy risks, and a market peak before September.
Arthur Hayes has sold all of his HYPE and NEAR holdings, and he expects market highs before September.
The BitMEX co-founder said he took profits as energy prices, AI listings, and politics add risk.
His post placed HYPE, NEAR, and broader crypto markets back under close trader review.
Hayes Closes HYPE and NEAR Trades
Hayes announced the sale in a post on X. He said he had “dumped” his entire HYPE and NEAR position.
He added that he would explain the move in an essay called “Reality Test” next Tuesday.
I just dumped my entire $HYPE and $NEAR position, I will explain why in my essay "Reality Test" dropping next Tuesday.
TLDR:
– Higher energy prices due to Iran war and inventory restocking
– 3 Mega AI IPOs between now and early Q3
– Prediction that Trump goes anti-AI to win…— Arthur Hayes (@CryptoHayes) June 4, 2026
The post did not include the size of the positions. It also did not give his entry price or exit price.
Traders still followed the update because Hayes often publishes market views on crypto and macro trends.
HYPE links to Hyperliquid, while NEAR links to the NEAR Protocol ecosystem. Bitcoin moves, liquidity, and risk demand often guide both tokens.
Hayes closed the trades as he expects a possible market peak before September.
The sale gained attention because Hayes often trades around broad liquidity cycles.
He has also used essays to outline views on Bitcoin, crypto assets, and central bank policy. This made his next essay a focus for market watchers.
Energy Prices and AI IPOs Drive Caution
Hayes cited higher energy prices linked to the Iran war and inventory restocking.
Energy costs can lift business expenses, and they can influence inflation forecasts. That can change rate expectations and risk demand across crypto and equities.
He also cited three large AI IPOs that may launch between now and early third quarter.
He did not name the companies in the post. Large listings can draw investor cash from other areas of the market.
AI remains a central market theme, and investors continue to watch valuations in the sector.
Hayes suggested that fresh supply from large listings could change short-term market flows.
His view links token sales with wider conditions outside the crypto market. Energy prices matter for crypto because miners and data centers use large power supplies.
Higher costs can affect margins, and they can feed broader inflation concerns. Hayes placed that pressure beside expected AI share sales.
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Arthur Hayes Says Bitcoin May Face Pressure as Markets Enter a No-Trade Zone
Political Risk Enters the Market View
Hayes also mentioned a political risk tied to former President Donald Trump. He predicted Trump could turn against AI before the midterm elections to help Republicans.
The post did not give more detail on that view. “I think highs in markets will happen between now and September,” Hayes wrote.
He said it was “time to take profit” and step away from position concerns. The comments showed a defensive shift from the former BitMEX executive.
Arthur Hayes Sells HYPE and NEAR, Warns Market May Peak Before September
BitMEX co-founder Arthur Hayes said he has sold all of his HYPE and NEAR holdings and will explain the move in his upcoming essay "Reality Test" next week. Hayes cited rising energy prices from the Iran war… pic.twitter.com/QBqXoOup8n
— Wu Blockchain (@WuBlockchain) June 4, 2026
Hayes framed the call as a move to protect gains rather than a claim about one token. His message focused on timing, liquidity, and macro risk.
It did not accuse either project of poor performance. Hayes said his coming essay will explain the decision in full.
Until then, traders have only the post and its short summary. His update puts HYPE, NEAR, AI IPOs, energy prices, and September timing at the center of market discussion.
