HYPE: Trader Closes Short After $35M Loss

loracle.hl closed part of a $103.1M HYPE short after losing over $35M and flipped long on ASTER while adding to ZEC and TON positions.

The trader erased all $42.2M prior perps gains in under 20 days and now sits $829K in the red.

HYPE price action shows a bullish trend with price at $68.62 holding above the EMA50 at $61.15 and EMA200 at $51.55; MACD golden cross at 2.21 reinforces momentum while RSI at 67.09 stays neutral and price trades inside the Bollinger band between $54.86 support and $71.42 resistance, suggesting a measured push toward upper-band resistance before any deeper retracement to the 50-EMA.