Hyperliquid’s HYPE drops 10% as Arthur Hayes exits position despite $150 price target

Jun 4, 2026 - 19:00
Hyperliquid’s HYPE drops 10% as Arthur Hayes exits position despite $150 price target
Hyperliquid’s HYPE token, one of crypto’s best-performing assets this year, tumbled following its record run as longtime bull Arthur Hayes revealed he had sold his entire position just days after predicting much higher prices. “I just dumped my entire HYPE and NEAR position,” Hayes, co-founder of BitMEX and chief investment officer at family office Maelstrom,...

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