Crypto whale reverses $46M HYPE short, goes long on Arthur Hayes’ picks
A prominent crypto trader has reversed a $46 million short position on Hyperliquid's HYPE token, aligning with Arthur Hayes' investment picks. The trader, known as 'loracle.hl', has shifted to a long position on HYPE, Zcash, and Near Protocol after HYPE reached an all-time high. Hayes has set a year-end price target of $150 for HYPE, supported by a robust buyback program from Hyperliquid.
- ▪The trader 'loracle.hl' closed a short position in HYPE after incurring losses exceeding $46 million.
- ▪HYPE surged to a new all-time high of $75.52, prompting the trader's capitulation.
- ▪Arthur Hayes has set a year-end price target of $150 for HYPE, which would represent a significant increase from current levels.
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Crypto whale reverses $46M HYPE short, goes long on Arthur Hayes’ picks A prominent on-chain trader capitulated after months of fighting Hyperliquid's rally, now aligning with Hayes' 'holy trinity' of HYPE, ZEC, and NEAR. Share Add us on Google by Editorial Team Jun. 3, 2026 window.sevioads = window.sevioads || []; var sevioads_preferences = []; sevioads_preferences[0] = {}; sevioads_preferences[0].zone = "01f21ccf-2092-46b1-9ac7-8c44cc782e0f"; sevioads_preferences[0].adType = "native"; sevioads_preferences[0].inventoryId = "c5700508-581b-472c-8fdd-a931cdbfc8e1"; sevioads_preferences[0].accountId = "1e47efc1-ec2d-4fca-a8b9-354e249e5095"; sevioads.push(sevioads_preferences); Fighting the trend is expensive.
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