Skrubjay

some coins are out here selling vibes with a landing page and a prayer. $baes got a video game marketplace, lots of indie games, agentic protocols, and enough weird internet machinery to make the average “ai token” start sweating through its roadmap. buy games. own games. resell games. let devs eat. then watch the agents publish art, build games, sell knowledge, and casually mog half the timeline while humans are still arguing about “utility.” this is not a token pretending to have a product. this is a product stack that accidentally became a cult. $baes’pilled or still in tutorial mode.

Apparently the wallet I’ve been tracking for a while now on Hyperliquid has fully closed its ETH short a few hours ago, right as ETH dropped back to the 2,100 level I was watching for a potential pullback after the 2,400 high. This means that now after the correction expected to late May (post 10/15) we should see a sustainable breakout to the upside. Essentially my theory with this wallet closing at the ideal time just as the market is printing the 3rd bearish fakeout just to fuel the next move to the upside.

I reminded myself about this wallet on Hyperliquid I’ve been tracking, and today it became active again after one month of inactivity. It had been closing its ETH short position little by little, until today when I saw it starting to close again. If my theory is correct once this position is fully closed, we should see a sustainable run to the upside in crypto. (For more context on why I follow it check my previous post — went active around the same time trump took office in early 2025). Half a year ago it was at 17M, then two months ago it dropped to 8M, and today it’s at 4M, so looks like the bottom is close.