---
title: "WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/288926866.md"
description: "Arthur Hayes, co-founder of BitMEX, sold his entire Worldcoin stake, causing the token to plunge 20%. This move contradicted his previous statement about holding the asset and was linked to a drop in SpaceX pre-listing prices. Worldcoin had already fallen 10% amid a broader crypto market decline."
datetime: "2026-06-06T08:40:12.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/288926866.md)
  - [en](https://longbridge.com/en/news/288926866.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/288926866.md)
---

# WLD plunges 20% as Hayes dumps token a day after saying he would keep holding it

-   Arthur Hayes, co-founder of BitMEX and head of family office Maelstrom, said he sold the firm’s entire Worldcoin stake on Friday, less than a day after publicly signaling he would keep holding the token.
-   Hayes linked his decision to a sharp drop in pre-listing prices for SpaceX shares, which he had treated as connected to the AI trade that Worldcoin was meant to proxy.
-   Worldcoin fell about 10 percent in the past 24 hours, part of a broader crypto market decline, with a notable leg down after Hayes announced his exit.

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