Arthur Hayes

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Arthur Hayes has cautioned that Hyperliquid faces risks to its market position in perpetual futures trading. The warning centers on the protocol's use of trading fees for token burns.

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Arthur Hayes, co-founder of BitMEX and chief investment officer of Maelstrom, sold the firm's full position in Worldcoin on Friday. The move came less than 24 hours after he publicly stated the fund would hold the token.

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