Written by Martin Youngstaff writerReviewed by Felix Ngstaff editor
Written by Martin Youngstaff writer
Reviewed by Felix Ngstaff editor
Arthur Hayes dumps WLD days after Maelstrom’s AI IPO pitch
Latest NewsPublishedJun 8, 2026
Arthur Hayes Sells Worldcoin Holdings Days After AI Investment Pitch
Arthur Hayes, co-founder of Maelstrom, has been selling his positions in various cryptocurrencies, including HYPE, ZEC, NEAR, and now WLD. This move comes just days after his venture capital firm described Worldcoin as a clean proxy for AI investment. Hayes announced on social media that he had sold his WLD holdings, stating “Dumped WLD. I’m out.” This decision has raised eyebrows, especially since Maelstrom researcher Lukas Ruppert had predicted WLD would hit $5 by August.
The sale of WLD by Hayes has led to a decline in its price, which had briefly rallied after the prediction. The volatility of WLD prices has been extreme over the past week. Hayes’ decision to sell his WLD holdings despite earlier bullish comments has added to the list of crypto assets he has pivoted on. This includes Hyperliquid, which he predicted would reach $150 by August, but sold his position in just days later.
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WLD prices have been extremely volatile over the past week. Source: CoinGecko
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In March, Hayes predicted that Hyperliquid (HYPE) would reach $150 by August and on June 1 said it would “outperform any other current top ten crypto in USD terms from now until year-end,” but sold his entire position in the asset three days later, citing higher energy prices due to the Iran war, “inventory restocking,” and imminent “mega AI IPOs.”
Related: Hyperliquid bear turns bullish after losing over $46M shorting HYPE
On May 6, Hayes said Zcash would reach 10% of Bitcoin’s price. On June 5, he offloaded his ZEC stash following the discovery of a critical vulnerability in its privacy protocol, claiming that the “Holy Trinity” of HYPE, ZEC, and NEAR was “dead.”
However, Hayes appears to have reversed his position partially. A wallet linked to Hayes bought back around 33,978 HYPE worth around $2 million on Monday, after it had fallen 26% in the wake of his June 4 sale, according to Arkham Intelligence.
Cointelegraph reached out to Maelstrom for comments but did not receive an immediate response.
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- Arthur Hayes
- Worldcoin
- Near Protocol
- Zcash
- Altcoins
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