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Loracle just flipped long on HYPE after losing $46M+ on shorts ๐
2x leveraged long on 82,195 HYPE + a 10x NEAR long. The person who was the most prominent HYPE bear just switched sides. That's not a small signal ๐
Meanwhile whale "0x97f" opened a 10x short on 270K HYPE ($18.77M) the same day and is already up $1M+ ๐
And tomorrow Grayscale's staking HYPE ETF (HYPG) starts trading โ spot exposure plus staking yield, lowest fee in the US market at 0.29% ๐
Three things happening simultaneously: a major bear capitulating, a new whale loading shorts, and the first staking ETF launching. HYPE is about to get a lot of data points very fast ๐ซ
Loracle losing $46M then buying the same asset is either the most conviction move of the year or the most expensive lesson in sunk cost fallacy ๐ค
Day 1 ETF inflows tomorrow will be the first real test of institutional demand. Does HYPG beat 21Shares THYP's record? ๐#HYPEStakingETFLaunch
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