SpaceX · Bitcoinist
Arthur Hayes Sells WLD Holdings After ‘Holy Trinity Death’, Sparks Exit Liquidity Controversy
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Arthur Hayes has disclosed the unwinding of his Worldcoin position days after revealing a major rebalancing of Maelstrom’s portfolio.
Key facts
- Shortly after Hayes disclosed that he was offloading his WLD holdings, the altcoin’s value dropped by almost 30% before recovering
- As Hayes dumped his Zcash positions, he announced his continued exposure to Worldcoin, citing his expectation that SpaceX’s IPO would catalyze WLD’s move higher
- Arthur Hayes has disclosed the unwinding of his Worldcoin position days after revealing a major rebalancing of Maelstrom’s portfolio
- Hayes revealed the recently found Orchard Pool vulnerability as the rationale behind taking profit on Zcash
Summary
Hayes revealed the recently found Orchard Pool vulnerability as the rationale behind taking profit on Zcash. As Hayes dumped his Zcash positions, he announced his continued exposure to Worldcoin, citing his expectation that SpaceX’s IPO would catalyze WLD’s move higher. However, in the early hours of Saturday, Hayes posted a chart of the SpaceX security and said the price is “going in the wrong direction” before disclosing that he is out of his Worldcoin position. This market movement sparked outrage within the crypto community on the social media platform X, with prominent blockchain sleuth ZachXBT among the commentators.