depegger
1.9K posts

depegger
@DepegEnjoyer
bet wisely. fold quickly. hyperliquid.


In case you didn’t know - the BTC whale closed 90% of his BTC short and fully closed his ETH short, making around $190–$200M profit in just one day on Hyperliquid. The crazy part is that he shorted another 9 figs worth of BTC and ETH minutes before the cascade happened. And this was just publicly on Hyperliquid imagine what he did on CEXs or elsewhere. I’m pretty sure this guy played a huge role in what happened today. hypurrscan.io/address/0xb317… hypurrscan.io/address/0x2ea1…











this is an oversimplification but, if all other trading stopped on the HYPE/USDC pair and it was just the hyperliquid assistance fund buying ~$4mm of HYPE with the daily protocol fees, which it is HYPE would grind up roughly 50% in 3 weeks, according to the current order book which shows $82.0mm of ask liquidity at +50% depth so...how is this not a screaming buy down here?
















