
Arthur Hayes, co-founder of Maelstrom, announced he has sold his Worldcoin (WLD) holdings, citing weakening market conditions.
In a post on X, Hayes shared a chart showing a steep drop in the SpaceX pre-IPO perpetual futures contract and confirmed his exit from the position.
His move comes just days after Maelstrom expressed a more optimistic view on Worldcoin. Earlier in the week, researcher Lukas Ruppert described WLD as an underappreciated AI-related investment opportunity and predicted the token could climb to $5 by August.
Source: Arthur Hayes