Whale Flips Bullish After $46M HYPE Short Loss

• Major trader “loracle.hl” shifts from $46M HYPE short loss to long positions in HYPE, ZEC, NEAR
• Hayes’ bullish “holy trinity” altcoin strategy draws momentum and trader attention

On June 3, 2026 (UTC), a prominent crypto whale known as “loracle.hl” abruptly pivoted to long positions in HYPE, ZEC, and NEAR after losing more than $46 million shorting Hyperliquid’s HYPE token. The whale’s move followed a historic loss and signaled a sharp change in sentiment among high-beta altcoin investors.

This shift coincided with renewed focus on BitMEX co-founder Arthur Hayes' “holy trinity” altcoin strategy. Hayes set aggressive price targets, estimating HYPE could reach $150 by August, NEAR could jump 20x by 2027, and ZEC could hit 5x gains over the next year, drawing increased trader attention to these assets.

The new long positions opened by “loracle.hl” already show nearly $1 million in unrealized profit, amplifying market enthusiasm and fueling momentum-led rallies in HYPE, NEAR, and ZEC. HYPE's technical setup points to a $105 resistance, supporting ongoing trading discussions around these altcoins.

As of June 3, 2026, Hyperliquid (HYPE) trades at $73.337, NEAR Protocol (NEAR) at $2.834, and Zcash (ZEC) at $600.468, according to the latest market survey.