On-chain sleuth ZachXBT has accused BitMEX co-founder Arthur Hayes of engaging in a recurring pattern of touting crypto assets to his audience before rapidly selling his own holdings.

The allegations, made over the weekend, involve four crypto assets, including Hyperliquid (HYPE), NEAR Protocol (NEAR), Zcash (ZEC), and Worldcoin (WLD). ZachXBT claimed Hayes publicly shared bullish views on these coins before quietly unwinding his positions shortly thereafter.

How much exit liquidity was created from your followers over the past couple days?

First NEAR HYPE ZECNow WLD pic.twitter.com/vyDXwCHRwO

— ZachXBT (@zachxbt) June 6, 2026