Cryptocurrency6 Jun 2026SEO 801 min read

Analysis: WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%. Arthur…

The BitMEX co-founder and Maelstrom CIO cited a falling chart of SpaceX stock, which does not begin trading until June 12, as Worldcoin slid about 10%. Arthur Hayes, co-founder of BitMEX and head of family office Maelstrom, said he sold the firm’s entire Worldcoin stake on Friday, less than a day after publicly signaling he would keep holding the token. Hayes linked his decision to a sharp drop in pre-listing prices for SpaceX shares, which he had treated as connected to the AI trade that World…

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