Arthur Hayes Exits Altcoin Positions Worth $22M, Cites Macro and Geopolitical Risk

TLDR: Arthur Hayes closed the Maelstrom directional book, selling about $22.28 million in crypto assets. The sale included 6,400 ETH worth $15.2 million, 14 million ENA, and 323,000 UNI, among other tokens. Hayes made the move just nine days after sharing a bullish outlook on both Bitcoin and Ether. Traders are split, with some reading the exits as buy signals and others questioning the timing. Arthur Hayes has closed the directional trading book of his Maelstrom fund, selling roughly $22.28 million in crypto assets. The sales included 6,400 ETH, 14 million ENA, and 323,000 UNI.