OpenAI secretly goes public, Arthur Hayes warns: Your crypto funds are about to be drained by AI!
Are you still waiting for the clone season? Wall Street has already aimed its guns at your pockets.
OpenAI has just secretly filed for an IPO with the SEC. SpaceX oversubscribed 2 times. Cerebras' first day of listing surged 68%.
Three things, one signal:
The era of super AI IPOs is officially beginning.
And Arthur Hayes— the man who escaped the top of the bull market and bought at the bottom of the bear market— has just issued a warning:
“The three major AI super IPOs will drain too much liquidity, first triggering an AI bubble, then blowing up the crypto market.”
Do you think this is alarmist? Look at the data:
SpaceX needs 150 billion, only raises 75 billion— everyone is fighting to get in. Once OpenAI opens the floodgates, what will institutional investors do? Cerebras jumps 68% in one day, how FOMO are retail investors?
Where does this money come from? From your altcoins.
Scenario reconstruction:
You are a fund manager on Wall Street. You have 1 billion USD allocated to “high risk, high growth” assets, planning to buy Solana, Arbitrum, a bunch of Layer2s.
Now? OpenAI’s IPO roadshow is here. SpaceX’s stock is trading at a 30% premium in the dark pool. Cerebras doubles in three days.
What would you do?
Dump your altcoins, free up funds, and chase the new AI stocks.
This is not a conspiracy, it’s human nature.
But do you think AI collapsing will cause funds to flow back into crypto? That’s naive.
Hayes’s full logic is: AI IPOs drain liquidity → valuation bubble → bubble bursts → panic selling all risk assets → crypto gets hit along with everything else.
In other words, whether AI rises or falls, crypto will take two hits.
When it rises, funds are drained away. When it falls, sentiment is dragged down.
“AI and crypto are not competitors, they are conjoined twins—one has a fever, the other can’t escape.”
So is crypto doomed?
Not entirely. There’s an exception: Bitcoin.
Note that Hayes talks about “the crypto market,” but what is his biggest holding? Bitcoin.
Why? Because when the AI bubble bursts, funds will look for the “last refuge.” Not altcoins, not NFTs, not DeFi blue chips.
It’s Bitcoin.
AI is a growth narrative, Bitcoin is a survival narrative. When everyone starts panicking, survival > growth.
“AI drains the water of speculation, Bitcoin leaves the roots of faith—the water can dry up, but the roots won’t.”
So what should you do now?
Three heartfelt but honest suggestions:
Sell off those “AI concept altcoins”—WLD, AGIX, FET… they will be drained directly by the AI IPO. Institutions would rather buy real OpenAI stocks than your “blockchain + AI” dog coins.
Reduce high-leverage altcoin positions—when liquidity tightens, high leverage dies first.
Gradually increase your proportion of Bitcoin and stablecoins—when the AI bubble is at its craziest, Bitcoin will fall, but the least; when AI crashes, Bitcoin will be the first to rebound.
“During the hottest AI feast, quietly swap your chips for Bitcoin—when the party ends, you’ll find only you still have the wine.”
Final prediction:
On the first day of OpenAI’s IPO, it will most likely surge. At that time, the crypto market will experience a “bloodsucking decline.” Many will panic sell and chase AI stocks.
Then, when AI valuations become ridiculously high and a single bearish candle drops, those chasing the high will be double-killed.
And you, holding Bitcoin, will watch them cry with a smile. #分享美股交易赢英伟达股票 #比特币回升5% $BTC $ETH