The on-chain investigator said followers may have provided exit liquidity in trades involving WLD, NEAR, HYPE and ZEC, raising fresh questions about trading influence in crypto markets.
Arthur Hayes is facing criticism after ZachXBT questioned what he described as a repeated pattern of posting bullish price targets before exiting positions. ZachXBT said the pattern may have left followers providing exit liquidity (buyers enabling others to sell) in trades tied to WLD, NEAR, HYPE and ZEC. The episode adds to broader concerns around market influence in crypto, where large traders' public commentary can quickly affect positioning and sentiment.