
Arthur Hayes sold his Worldcoin (WLD) holdings days after Maelstrom called it a proxy for AI IPOs. Hayes posted a chart of SpaceX pre-IPO perpetual futures falling and said the direction was wrong. WLD rallied to $0.60 on Friday then fell to $0.40 on Sunday.
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Summary by ByteBrief
Tech stock sell-off accelerates; SoftBank drops 6%