Arthur Hayes, a prominent figure in the cryptocurrency space, has divested his holdings in HYPE and NEAR, which have experienced significant declines of 8.4% and 17.4%, respectively. This decision comes as the market eagerly anticipates the initial public offerings (IPOs) of several major artificial intelligence companies, including OpenAI, Anthropic, and SpaceX. SpaceX has confidentially filed for its IPO, with plans to finalize the process by June 12. Meanwhile, Anthropic has engaged Morgan Stanley, Goldman Sachs, and JPMorgan Chase to lead its IPO, aiming for a potential public offering in October. OpenAI is also preparing for a confidential IPO filing, with traders on prediction markets suggesting a significant chance of the IPO occurring by the end of the year. However, there are growing concerns that the excitement surrounding these AI IPOs could negatively impact the cryptocurrency market by draining liquidity, which may lead to further declines in cryptocurrency values.