Whale Loses $46M Shorting Hyperliquid, Shifts to Bullish HYPE Bets

HYPE-5.63%
ZEC-7.78%
A whale trader lost over $46 million shorting Hyperliquid's HYPE token before reversing course on June 3. The trader is now taking bullish positions in HYPE, ZEC, and NEAR, signaling a shift toward momentum-driven trades.
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