Hyperliquid pulls back from record highs as Arthur Hayes exits position shy of $150 price target

Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Hyperliquid pulls back from record highs as Arthur Hayes exits position shy of $150 price target The crypto veteran blamed macro risks and AI mania for taking profits, drawing backlash from traders for selling well below his recent bullish forecasts. By Krisztian Sandor | Edited by Stephen Alpher Jun 4, 2026, 3:52 p.m. 3 min read Make preferred on Arthur Hayes speaking at Consensus Miami 2026 (CoinDesk) What to know : Hyperliquid s HYPE token pulled back from record highs after BitMEX cofounder Arthur Hayes, one of its most prominent supporters, sold his position. Hayes said rising oil prices, AI IPOs and market risks prompted him to take profits, causing backlash across crypto circles after his recent bullish calls for much higher prices. HYPE remains one of the best-performing crypto with a 167% year-to-date gain, but 10xResearch s Markus Thielen called the rally overheated in the short-term. Hyperliquid s HYPE token, one of crypto s best-performing assets this year, tumbled following its record run as longtime bull Arthur Hayes revealed he had sold his entire position just days after predicting much higher prices.