Arthur Hayes’s recent public comments about several leading cryptocurrencies have sparked renewed debate, as NEAR, HYPE, ZEC, and WLD all experienced steep declines in recent weeks. The sharp pullbacks have prompted questions about the interplay between retail investor enthusiasm and high-profile market commentary.
Major tokens face deep corrections
According to market data, Worldcoin has dropped approximately 36% from its recent local peak. Hyperliquid has fallen by around 25%, while NEAR Protocol has declined by over 41%. The biggest loss was seen in Zcash, which shed more than 61% from its recent highs.
Arthur Hayes, a closely followed figure in the crypto world, is best known as a founding partner of BitMEX. His past market assessments have drawn significant attention from a wide investor base. With this latest price action in NEAR, HYPE, ZEC, and WLD, his recent remarks are once again under intense scrutiny.
On June 6, 2026, Crypto Patel shared a post alleging that Hayes had exited his positions in these four standout tokens and suggested that retail investors may have entered the market at higher price levels during this period.
Ongoing social media discussions highlight concerns that retail traders, influenced by widely shared public commentary, have suffered heavy losses during subsequent corrections. In the case of WLD, speculation grew about Hayes exiting his position soon after expressing continued confidence in the token. However, not all the details behind these claims have been fully confirmed.
Worldcoin support zone under close watch
Amid the debate, trading desks are increasingly focusing on Worldcoin’s technical outlook. WLD recently surged from the $0.24 to $0.30 range to approach $0.55, before retracing sharply to a key support level.
A particularly close eye is kept on the $0.40 to $0.43 band, an area that functioned as resistance for months before breaking upwards. In technical analysis, such levels often serve as support after an upward breakout.
Glossary: A demand zone is a price range where buyers cluster, balancing selling pressure. Holding this zone is often a key short-term indicator in technical analysis.
Alpha Crypto Signal commented on June 6, 2026, that WLD was approaching a critical demand zone and that a strong daily close above this area could boost the chances of a move higher.
Despite the recent increase in selling pressure, buyers so far have not allowed a decisive breakdown below support. As a result, investors are monitoring whether the price can secure a daily close above this critical area.
If this support holds, market attention could shift back to the $0.48–$0.50 region. Should there be a firmer rebound, the $0.55 level, near recent highs, may come into focus again. For now, whether Worldcoin can maintain this support remains one of the most closely watched dynamics following the latest correction.
