⚡️ NOW: Arthur Hayes dumps his entire $HYPE and $NEAR positions, citing rising energy prices, upcoming AI mega IPOs, and expecting market highs to peak before September.
Bankless Co-Founder Dumps Ethereum for Altcoins Like Zcash, Hyperliquid
Bankless co founder David Hoffman (TrustlessState) says he sold all of his $ETH and immediately rotated into VVV, $NEAR, $ZEC, $HYPE, and $LIT.
Hoffman allocated roughly half the proceeds across VVV, NEAR, ZEC, and HYPE. The remaining capital was used to build a position in LIT.
The move follows his view that Ethereum's market value now reflects its actual performance and that a major structural revaluation is unlikely.unlikely.