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🔴 Arthur Hayes reportedly closed his full positions in HYPE and NEAR on June 4, citing AI IPO-related risks and a potential market top before September.
Following the news, HYPE fell ~8.4% and NEAR dropped ~17.4%, highlighting how sensitive mid-cap altcoins are to sentiment and liquidity shifts.
The move is notable as it came shortly after he publicly expressed bullish views on both assets, underscoring how quickly positioning can reverse in the current market.
Disclaimer: Market observation only, not financial advice.
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