Arthur Hayes' Maelstrom has closed all directional positions and taken profits on ETH, ENA, and UNI, citing macroeconomic uncertainty and planning to wait for clearer market signals.
Macro & Markets ·
Maelstrom, the trading operation linked to Arthur Hayes, has closed all positions in its directional book, realizing profits on holdings including ETH, ENA, and UNI alongside other altcoins. Hayes cited macroeconomic and geopolitical uncertainty as the driver behind the move, signaling concern that near-term market conditions remain unstable.
Hayes has indicated Maelstrom will adopt a wait-and-see posture, remaining sidelined until receiving what he describes as an "all-clear signal." The positioning reflects his view that the market may require a decline before entering a fresh uptrend, suggesting he views current price levels or macro backdrop as insufficiently attractive or clear for fresh directional exposure.
The scope and timing of any future re-entry remain unspecified. Hayes has not detailed what specific conditions or signals would trigger a return to active trading, nor has he indicated whether the sidelines stance applies only to altcoins or to directional crypto exposure more broadly.