The Pit App
42 posts

The Pit App
@ThePitApp
The social layer for Hyperliquid

THIS TRADER MADE $183 MILLION ON HYPERLIQUID Whale trader “BobbyBigSize” is a large and highly profitable trader on Hyperliquid, connected to Fasanara Capital. He bet against the market on 10/10 and made over $50 Million in a single week. Now, he’s doing it again - shorting $28.1M of ETH, $22.2M of HYPE, and millions in other altcoins. How long will he keep his trades open?







Hyperliquid's futures market share relative to Binance has reached a new all-time high of 15.19%.





ICYMI: FOUNDER AND CEO OF ICE (OWNER OF @NYSE) SAYS HE HAS MET WITH @HyperliquidX TEAM A NUMBER OF TIMES "TO TALK ABOUT WHAT THEY'RE DOING, WHAT WE'RE DOING, WHERE THERE MAY BE SOME OVERLAP THAT WE CAN WORK TOGETHER ON" "THEY HAVE GOTTEN ATTENTION BECAUSE THEY'VE BEEN TRADING OIL ON THE WEEKENDS WHEN OUR TRADITIONAL OIL MARKETS ARE CLOSED" "THEY'VE LISTED SPACEX FOR TRADING -- OR THEY'VE LISTED A DERIVATIVE OF SPACEX FOR TRADING. AND I THINK IT'S GOING TO BE REALLY INTERESTING TO WATCH ON JUNE 11 WHEN SPACEX GOES PUBLIC, WHAT THIS PRIVATE MARKET HAS DISCOVERED AS THE PRICE AND WHETHER THAT PRICE IMPACTS THE IPO" "... DEPENDING ON HOW MUCH LEVERAGE IS ALLOWED, YOU'RE GOING TO HAVE RETAIL ESSENTIALLY MATHEMATICALLY ARE GOING TO BE PUTTING A LOT OF CAPITAL AT RISK ON THAT IPO. IT MAY -- DEPENDING HOW BIG THIS GETS, IT COULD BE BIGGER THAN THE IPO" H/T: @TheOneandOmsy SOURCE: seekingalpha.com/article/490935…











