Alfie

@JG_Nuke @PeterDiamandis 😂

@PeterDiamandis Yup, I remember all that wheel and fire criticism like it was yesterday.

Every tool humanity has ever invented was criticized at birth and celebrated a generation later. Fire. The wheel. The printing press. Electricity. The internet. AI is next. Patience.

@PhilippVanBirn @BigCheds 1) what

@BigCheds Perfect short setup. Retail is in FOMO mode.

$HYPE blue sky breakout

@Kalshi_Crypto Hyperliquid.

BREAKING: Tom Lee's Ethereum portfolio is now down $7,800,000,000

@_jaylawrence @FT But would likely be as well as Labour.

@FT Something we actually agree on. Tax land, not labour

Andy Burnham says land in the UK is ‘undertaxed’ ft.trib.al/64bULpI

@BigCheds Will have to check this one out later, unfortunately. Looking forward to it, nonetheless. Cheers 🙏

Live stream in about 20 min $BTC $ETH $ZEC $HYPE $VVV $JST etc etc youtube.com/watch?v=5fSmKu…

@coinbureau Many people who have never been to China have a very dated image in their minds of what it’s actually like.

“MADE IN CHINA” used to mean it would BREAK in days Now China is building screens that can bend, stretch, survive water, resist shattering, and still look insanely vivid. Sorry, what year are we in again?

@LawrenceLepard @LynAldenContact We’re going up, baby!

This used to be my pinned Tweet. The blue line (GDP) generates income to service the debt in the red line (All Sector Debt). See the problem? It is just math.

@pelositracker Umm

The Trump FDA story is crazy Big Tobacco donated $5,000,000 to Trump's super PAC Two days later, Reynolds American's executives met with Trump at his Florida golf club to demand the FDA reverse its flavored vape ban Trump then personally called RFK Jr. and his health secretary to complain about the ban Then questioned the FDA commissioner directly for not moving fast enough The FDA commissioner who said no resigned days later and so did RFK Jr.'s chief spokesperson, citing the vape policy as the reason Then the ban was lifted within a week The White House says it had nothing to do with the $5,000,000

@Picolas_Caged What on sweet Earth is this?!

Did this really happen to JEWEL?!

@RaithFury @beaniemaxi Exactly. And it’s not just from “people chasing the token” also comes from people shorting “the” and any other token.

@beaniemaxi The fees are on every asset traded on the entire platform man not just the $HYPE token

Hyperliquid is being treated like the cleanest up only narrative in crypto and I want to add some nuance here. To be clear, this is not Luna. Luna was a closed loop algorithmic peg with no real revenue. Hyperliquid has real fees from real users, a genuinely best in class product, a dominant share of onchain perps volume, and a team that has shipped relentlessly. The bull case is real. I'm not dismissing it. I just don't think the risks are getting the airtime they deserve. I called Luna a ponzi here in 2021 around $50 and got absolutely hammered on the tl for daring to suggest anything negative about it as it ran to $120 before it vaporized to $0 within days. Very similar to yesterday when I simply said HL does not have remarkable tokenomics and got piled on for it. Being early on structural risk often looks wrong for a long time. And Luna was not just a retail rug. It roped in 3AC, Galaxy, Delphi, Hashed. Sophisticated money held the bag right alongside everyone else. Here is what I see with Hyperliquid. 97% of fees buy back HYPE. That sounds incredible, and in an active perps bull market it absolutely is. But fees come from perp volume, volume comes from people chasing the token, and the token is held up by buybacks funded by that same volume. Every leg moves together. It's a functional flywheel. And in the other direction every leg turns at once. However, nobody can tell you how much of the volume is organic either. If buybacks pump the token and the chart pulls in size and size funds buybacks, you cannot cleanly separate real activity from reflexive activity onchain. It doesn't mean the volume is fake. It just means you cannot prove how much of it isn't. Then the supply side. Only 25% circulates. Team and foundation together hold roughly 30% (23% team plus the foundation allocation which is essentially team with extra steps). Buybacks absorb about 90 million of unlocks a month. Actual pressure is closer to 400 million plus. Revenue keeps growing at a real clip, which is the whole bull case, but it has to roughly 4x just to keep price flat through vesting. Then the part nobody wants to touch. 31 validators, foundation controls the supermajority of stake, closed source binary, an assistance fund holding billions that we are simply told has no private key, on a chain the team built and runs. A lot of the business is regulatory arbitrage. Offshore venue, no KYC, users that shouldn't be using it are all over it. The founder is in DC right now precisely because everyone knows this. SBF was in DC lobbying for the DCCPA right up until FTX collapsed. Do Kwon was meeting Korean regulators before Terra blew up. Doesn't mean Jeff is anything like them. And to be clear, none of this means price stops going up. This is the part that matters for traders. Reflexive setups run for a long time, sometimes years. Luna ran from $5 to $120 while plenty of smart people screamed about the structure. HYPE can absolutely do the same. The flywheel is real while it's spinning, and standing in front of it is a great way to underperform. Just know what you're actually holding. Trade the tape, respect the trend, but don't fall in love and confuse a beautiful reflexive setup with a riskless cash machine. We have seen structures like this before and it tends to end the same way for usually the same reasons.

@MavenHL If he wants to stay short why not just sell the hype and raise his liquidation price, rather than add to the short? Mental.

JUST IN: Loracle has started bombing $HYPE with a $33M bag. After $HYPE broke through nearly $62 and set a new ATH, Lora began selling the 558k bag we talked about earlier and adding to his short. Loracle is now playing against the strongest trend and the asset that’s outperforming every other crypto right now. Absolute cinema is unfolding before our eyes – who’s gonna win?

@x256xx @blknoiz06

Less than 7$ from 113M$ $HYPE Liquidation

@BN3LI @lookonchain @loraclexyz 1. What

loracle.hl(@loraclexyz), who holds over $113M in $HYPE shorts, just deposited 557,580 $HYPE($33.35M) into #Hyperliquid and is selling. His $HYPE short position is now down over $30M! Oh wait — loracle.hl seems to have deleted his X account. What happened? x.com/lookonchain/st…

@lookonchain @loraclexyz Yikes!

@Nebraskangooner Why not!

Should I do charting live stream in 10 minutes?

Grayscale is buying $HYPE like crazy, buying 115,733 $HYPE($6.65M) in the past hour alone. Over the past week, #Grayscale has bought 682,190 $HYPE($34.9M) in total. intel.arkm.com/explorer/entit… x.com/lookonchain/st…

@adamboxer1 Would love to know how much was spent on this monstrosity.

It's getting worse. Pretty stunning that, at this point in the news cycle, this clip got the green light.

“The fact that he is known as a vulture capitalist should tell you everything about how inappropriate this deal is [for Thames Water]… these kinds of people are there to suck the lifeblood out of our utilities and public services, and this deal should not be rushed through.”

@WazzCrypto 🤦🏻‍♂️

You're not gonna believe this, but they lost Korean's prepaid funeral money on the Ethereum BMNR ponzi These degens are insane lmao