Arthur Hayes sold 247,334 $HYPE tokens worth $18.02M plus an undisclosed $NEAR stack, according to on-chain data shared by @OnchainLens on June 4 2026.

The move follows Hayes publicly wagering $100K that $HYPE will beat every other top-10 crypto by year-end, a bet @KyleSamani accepted by backing $SOL; Hayes cited higher energy prices, three mega AI IPOs and a potential Trump shift against AI as reasons to lock in gains before September highs.

With HYPE trading at $69.9 inside its Bollinger Band and testing upper resistance at $75.46 while the 50-EMA sits at $68.07, price action points to a likely retracement toward that EMA support before any continuation higher, especially as the MACD death cross at 1.28 signals fading momentum despite the neutral 47.24 RSI.