Arthur Hayes Sparks Fury After Abrupt Worldcoin Exit, Wld Price Falls 10%

What Happened

Hayes announced the sale on X (Twitter) early Saturday, alongside a falling price chart.

Market Context

Arthur Hayes said he sold his Worldcoin (WLD) position on June 6, only days after publicly promoting the token, drawing accusations that he built exit liquidity for his own followers.

The reversal capped a week in which the BitMEX co-founder unwound four high-conviction altcoin bets. WLD traded near $0.46, down about 11% over 24 hours after a sharp weekly run.

WLD still ranks near 51st by market value at roughly $1.55 billion. The single-day drop trimmed about $190 million from that figure, even after the token gained around 55% over the prior seven days.

“How much exit liquidity was created from your followers over the past couple days? First NEAR HYPE ZEC Now WLD,” wrote ZachXBT.

Indeed, Hayes dumped his Hyperliquid stack and NEAR Protocol (NEAR) on June 4, days after a $150 HYPE price target and a public charity wager.

Hayes carries a contested history. He pleaded guilty in 2022 to a Bank Secrecy Act violation tied to BitMEX and paid a $10 million fine. This history deepens the distrust behind the Worldcoin price manipulation claims now circulating.

In his defense, Arthur Hayes says he “sold to a willing buyer at a price, highlighting that he would have suffered the loss had prices moved higher.

“I just happened to call it right this time as it regards to my trading goals,” wrote Hayes.

The post Arthur Hayes Sparks Fury After Abrupt Worldcoin Exit, WLD Price Falls 10% appeared first on BeInCrypto.

Why It Matters

The timing fueled the anger. Days earlier, Hayes had urged followers to hold WLD through an expected SpaceX listing and framed it as a high-beta bet on artificial intelligence.

Worldcoin, since rebranded World, is the iris-scanning identity project co-founded by OpenAI chief Sam Altman. Its token has drawn heavy retail interest, which critics say magnifies the impact of influential traders.

Whether the episode reshapes how followers treat his calls, or simply fades like prior cycles, may become clear in the coming weeks.

Details

Arthur Hayes Moves From Bullish Thread to Sudden Exit

“This chart is going in the wrong direction. Dumped $WLD. I’m out. See y’all at the clerb,” he said.

WLD had climbed roughly 55% over the prior week before the pullback.

Critics Allege a Repeated Pattern

The backlash widened after crypto sleuth ZachXBT tied the WLD exit to earlier reversals.

Follow us on X to get the latest news as it happens

He exited Zcash (ZEC) next, then WLD, despite having kept holding Worldcoin as his last AI proxy.

“…no redemption for you [Arthur Hayes] ever… Just leave to some remote island and beg for forgiveness for 50 years and never show your face in this crypto-space ever again,” another user lashed.

“ZEC, NEAR, and WLD are back to where they were before his calls,” Lookonchain indicated.