Arthur Hayes Withdraws $2.09M in HYPE Tokens on Bybit Just 4 Days After $18M Exit

HYPE10.24%
According to blockchain analytics platform Lookonchain, Arthur Hayes withdrew 33,978 HYPE tokens worth approximately $2.09 million from Bybit on June 8. The withdrawal marks a sharp reversal, coming just four days after the BitMEX co-founder liquidated his entire $18 million Hyperliquid position on June 4, citing rising energy costs tied to geopolitical tensions and expectations of major AI-related IPOs before the third quarter.
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