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%.
AI Summary
Arthur Hayes, BitMEX co-founder and Maelstrom CIO, sold his firm’s entire Worldcoin stake a day after stating he would keep holding it, citing a decline in pre-listing SpaceX share prices as the reason. Worldcoin’s token dropped about 10% in the past 24 hours, with a notable fall following Hayes’ announcement.