Arthur Hayes has sold his position in Hyperliquid before the token reached the $150 price target he had previously signaled. The former BitMEX CEO cited macroeconomic risks and what he called AI mania as the reasons for pulling out early. The move drew immediate criticism from traders who expected him to hold until the target was hit.
Why Hayes sold
Hayes did not give a detailed explanation beyond pointing to broader economic uncertainty and the frenzy around artificial intelligence tokens. In his view, those factors made it prudent to exit before the $150 level. He had earlier expressed a bullish outlook on Hyperliquid, making the early sale a surprise to many followers.
Trader backlash
Some traders voiced frustration that Hayes sold below his own previously stated price forecasts. By stepping out before the target, they argued, he undercut the confidence that his public calls had generated. The backlash was quick on social media, with critics questioning whether his exit signaled a lack of conviction or simply a tactical shift.
What comes next
The question now is whether Hyperliquid can sustain momentum without Hayes as a public backer. The token has not yet commented on the sale, and it remains unclear if other large holders will follow suit. For now, traders are left watching the price action and waiting for Hayes’ next move — or his next trade call.
