Arthur Hayes: Maelstrom Dumps $26M Tokens on Macro Fears

Arthur Hayes liquidated $26.08 million across multiple positions in the Maelstrom directional book, offloading 8000 ETH, 14 million ENA, 323000 UNI, 1.89 million ETHFI, 547000 AERO, 120000 PENDLE and 3 million ZAMA.

The former BitMEX CEO signaled intent to sit sidelined until clearer signals emerge, explicitly noting macro and geopolitical risks as the trigger for taking profits first and buying the eventual dip later.

On the 4h chart ETH trades at $2367.19 inside the Bollinger band with upper resistance at $2503.56 and lower support at $2335.40; the EMA50 at $2425.82 and EMA200 at $2500.76 cap upside while MACD death cross at -14.63 and RSI at 37.42 keep momentum bearish, suggesting any bounce into the upper band likely stalls before a test of the 50-EMA support zone.