The most common and most likely answer to this crossword clue is the 4 plus 2 plus 6 letter word GONE TO GROUND
I've seen this crossword clue in Financial Times
G
O
N
E
T
O
G
R
O
U
N
D
More clues leading to the result GONE TO GROUND
Buddy explains!
The straight part
We know that "Hiding" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case hiding = gone to ground.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.