Arthur Hayes said on October 24, 2026, that he had sold Maelstrom Fund’s entire directional trading book, worth roughly $22.28 million. The exit covered ETH, ENA, UNI and smaller altcoin positions; it does not establish that Maelstrom sold all its holdings.
Lookonchain data cited in the report put the sales at 6,400 ETH worth about $15.2 million, 14 million ENA worth about $2.76 million and 323,000 UNI worth about $2.24 million. Hayes said macroeconomic and geopolitical conditions looked uncertain and that he would wait for an “all clear” signal before re-entering.
