On-chain trader loracle.hl closed a $46M HYPE short and went long on Arthur Hayes' holy trinity picks of HYPE, ZEC, and NEAR as Hyperliquid hits new highs.

HYPE token reaches the top 10 by market cap, driven by Hyperliquid's $1.16B in revenue, aggressive buybacks, and $190B in monthly trading volume.

HYPE hits an all-time high over $74 amid Grayscale ETF plans and a Coinbase team-up. Is it a true institutional shift or a retail bubble?