BitMEX co-founder Arthur Hayes sells Worldcoin stake day after saying he would hold, triggering 10% token drop
By
Shaurya Malwa
Summary
Arthur Hayes, BitMEX co-founder and Maelstrom CIO, sold his firm's entire stake in Worldcoin (WLD) just one day after stating they would continue holding the token. The announcement caused WLD to drop approximately 10%, with Hayes posting a chart of SpaceX stock (which doesn't begin trading until June 12) alongside his exit announcement. The incident highlights rapidly shifting crypto investment opinions.
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Key quotes
· 2 pulledDumped $WLD. I'm out. See y'all at the clerb.
The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%.
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