Arthur Hayes: I have sold all my HYPE and NEAR holdings, and will explain the reasons in detail in next week’s article.
BlockBeats reported that on June 4, Arthur Hayes posted on social media stating that he has just closed all his HYPE and NEAR positions. The specific reasons will be explained in the article "Reality Check" to be published next Tuesday. In short:
· The Iran war and inventory restocking have led to rising energy prices
· From now until the beginning of the third quarter, three major AI projects will go public through IPO
· Predicts that Trump will turn against AI to help the Republican Party win the midterm elections
· Believes the market peak will occur sometime between now and September
· It's time to take profits
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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