ZachXBT accuses Arthur Hayes of promoting the token and then quickly dumping it, creating "exit liquidity."

CoinFeed reported on June 8th that, according to Cryptopolitan, blockchain investigator ZachXBT accused BitMEX co-founder Arthur Hayes of liquidating his holdings in four previously publicly favored crypto tokens within two weeks, questioning how much "exit liquidity" his followers absorbed. Hayes' exit actions were as follows: On May 22nd, he referred to HYPE, ZEC, and NEAR as a "divine trinity" and established a long position; on June 4th, he liquidated his holdings of HYPE and NEAR, stating he would release a "Reality Test" to explain his reasons; on June 5th, he sold ZEC, arguing that the privacy narrative in the context of AI, government, and large tech companies demands perfection, and that the Orchard pool vulnerability undermines this premise, and that it cannot be cryptographically proven that the vulnerability was absolutely unexploited; on June 6th, he sold WLD, stating that "this chart pattern is wrong."