Crypto whale reverses $46M HYPE short, goes long on Arthur Hayes’ picks
A prominent crypto trader known as loracle.hl reversed a $46 million short position on Hyperliquid's HYPE token, opting instead to go long on HYPE, ZEC, and NEAR. This decision followed a significant rally in HYPE, which reached an all-time high of over $64. The trader's pivot aligns with the recommendations of Arthur Hayes, co-founder of BitMEX, who identified these tokens as key investments in the current market landscape.
- ▪Loracle.hl capitulated on a massive short position and flipped to long HYPE, ZEC, and NEAR.
- ▪The HYPE token had climbed to an all-time high above $64, leading to substantial losses for the trader.
- ▪Arthur Hayes publicly endorsed HYPE, ZEC, and NEAR as the 'holy trinity' in a recent tweet.
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Crypto whale reverses $46M HYPE short, goes long on Arthur Hayes’ picks The trader known as loracle.hl capitulated on a massive short position and flipped to long HYPE, ZEC, and NEAR, the trio Arthur Hayes called the 'holy trinity.' 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); Sometimes the market teaches an expensive lesson.
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