Arthur Hayes: Has closed all directional trading positions; the market may first decline and then rise

Arthur Hayes posted on the X platform that he has closed out the directional trading positions of Maelstrom, taking profits on ETH, ENA, UNI, and other altcoins.

He believes that the market may need to experience a decline before it can rise again. Considering the current uncertainties in the macroeconomic and geopolitical situation, he has decided to temporarily step back and wait for clear signals of risk mitigation before re-entering the market.