BlockBeats News, June 4th, Arthur Hayes announced on social media that he has just closed all of his HYPE and NEAR positions. The specific reasons will be explained in an article titled "Reality Check," which will be released next Tuesday. In summary:
· Iran conflict and inventory restocking have led to an increase in energy prices
· From now until early Q3, there will be 3 major AI projects going public
· Predicts Trump will shift to anti-AI to help the Republican Party win the midterms
· Believes the market high will occur between now and September
· It's time to take profits
