Arthur Hayes Dumps $22M in Ethereum, Ethena and Uniswap, Says He Is Waiting for the “All Clear”

TLDR Arthur Hayes says he closed Maelstrom’s entire directional trading book. Lookonchain reported $22.28 million in sales across seven tokens, led by 6,400 Ether worth $15.2 million. Hayes cited macro and geopolitical risk and said he is waiting for an “all clear signal.” The exit reverses Maelstrom’s August stance of maximum risk exposure. Hayes did not name a price target or a date for re-entering the market. On October 24, 2026, Arthur Hayes said he closed the directional trading book at Maelstrom Fund. Hayes is the co-founder of BitMEX and the fund’s chief investment officer.