Three days after the Bet Agreement was reached, Arthur Hayes liquidated 247,334 HYPE tokens.

BlockBeats News, June 4th, according to on-chain monitoring firm OnchainLens, Arthur Hayes has sold 247,334 HYPE tokens, worth approximately $18.02 million, and also unloaded an undisclosed amount of NEAR tokens.

Of note, this sell-off occurred shortly after Arthur Hayes engaged in a $100,000 charity bet with Kyle Samani. Previously, Arthur Hayes stated that by the end of 2026, HYPE would outperform all of the top ten cryptocurrencies by market capitalization and directly challenged Kyle Samani. Kyle Samani chose to bet on SOL and accepted the challenge.