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via Cointelegraph · By Cointelegraph Staff
Hyperliquid Bear Flips Bullish After Losing Over $46M Betting on HYPE Price to Drop
HYPE
HYPE/USDT
$57.368
+2.46%
$57.368
+2.46%
(24s)24h Volume
$242,233,875.44
24h H/L
$57.61 / $55.92
Change: $1.69 (3.02%)
Funding Rate
+0.0049%
Longs pay
Data provided by COINOTAG DATALive data
CS
Cointelegraph Staff(04:00 PM UTC)
1 min read
A crypto whale who stubbornly held his HYPE short through May’s rally has finally been punished as Hyperliquid’s token kept climbing.
Key takeaways:
- Trader has opened fresh long positions in Arthur Hayes' trinity coins: HYPE, ZEC, and NEAR.
- HYPE has extended its bull pennant breakout and is now eyeing a rally above $100.
Whale reverses HYPE bet after $46.46 million loss
On Tuesday, the trader known as…
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