Vikitoshi.hl

buy some $hype and thank me later

We are in a bitcoin bear market but I am noticing how every token pumping has one thing in common: AI $VVV - Private AI Inference $ZEC - Privacy in the age of AI, Quantum Resistant $NEAR - Fully focused on hosting AI products & Privacy of movement Even $HYPE is pumping because of AI. There is no doubt that its tokenomics are working out great, but the decoupling is happening because it enabled liquid perp trading of AI stocks and ETFs, which subsequently drove a large amount of inflows > buybacks > positive PA > more liquidity. Onchain markets already smell an incoming AI season on Solana and Base and there are lots of devs building what may become $100M+ products. I subscribe more and more to the idea that Bitcoin can influence, but not dictate the performance of these tokens and the real question to ask is "when does the AI hype stop". Until this is easily identifiable, crypto x AI will continue its bull run.

And he’s now starting to close part of his HYPE short in the same time

$HYPE short June and July are lifeblood for hype shareholders

Here we are Loracle now almost has the same amount of $HYPE short as he has in spot (staked). Around 2M $HYPE staked vs 1.71M $HYPE short. But considering he already unstaked part of those 2M : 558k $HYPE ($31.2M) it’s a bit strange to keep adding to the short Since he’ll likely have to sell at least part of those 558k $HYPE to add more margin to his short once the unstaking is fully completed (in 9 hours). And if he sells more than 300k $HYPE, he’ll become net short so this could get pretty interesting to watch 🍿