Arthur Hayes' Maelstrom Reportedly Liquidates $22.3M in Crypto Holdings Amid Rising Macro Risks
Arthur Hayes' investment fund Maelstrom has reportedly liquidated approximately $22.3 million in cryptocurrency positions as macroeconomic and geopolitical uncertainty intensifies.
Reported sales include 6,400 $ETH worth $15.2 million, 14 million $ENA worth $2.76 million and 323,000 $UNI worth $2.24 million, alongside additional holdings in $ETHFI, $AERO, $PENDLE and $ZAMA.
The reported liquidation comes just nine days after Hayes expressed bullish views on Bitcoin $BTC and Ethereum $ETH, highlighting a notable shift in positioning.
Hayes reportedly expects further market weakness before a potential recovery. However, the transaction totals, wallet attribution and extent of Maelstrom's remaining holdings require independent confirmation.