MLM

If you haven’t joined my Telegram channel yet - make sure to! Most of the info and alpha gets shared there first. t.me/mlmonchain I run a Telegram channel where I share daily on-chain activity around Hyperliquid - covering major unstakes, large buys/sells, transfers, HyperEVM/HyperCore movements, and more. I aim to keep everything unbiased and data-driven. I’ll continue posting the biggest and most relevant findings here on X, but the main focus will remain on Telegram. Feel free to join to stay ahead. All content is for informational purposes only - not financial or legal advice. Always verify independently and do your own research before making decisions.

@TyrelleAB Fake post. Sold $45M BTC just to lose most of it. Down $31M on ~$19B volume with a 41% win rate. Pure gambling hyperdash.com/address/0x94d3…

"Trump's" insider (aka. a trader with a 100% win rate) opened a $142M short position ahead of Trump's speech today. This is the guy who made that huge W during the October crash, btw.

@wronguser000 MLM!

Huge Remember who was #1 on the early access leaderboard screaming at everyone to join in on this journey

gm @tradexyz

@tradexyz AYOOOOO

S&P Dow Jones Indices and trade[XYZ] have joined forces to launch the first official S&P 500 perpetual contract, available exclusively on Hyperliquid. For 69 years, the S&P 500 has been a defining reference point for global finance. Until now, access to that benchmark has been shaped by market hours, intermediaries, and geography. Today, that changes. The S&P 500 perp is now available 24/7/365, anchored by the official index data required for deep liquidity and institutional confidence at scale.  SPDJI helped define modern indexing. They are stewards of an iconic benchmark, the standard against which portfolios across the globe are measured. We are honored to bring that legacy on-chain. Trade[XYZ] is bringing the world's most iconic assets towards a future of global, continuous markets — a future powered by Hyperliquid.

@thedefivillain All in

What are the rules you're following for sizing your trades?

@KobeissiLetter That one guy:

BREAKING: Kim Jong Un has won North Korea's parliamentary elections with 99.93% of the vote.

@Hundert1000 Skill issue

Just don't trade perps

Hyperliquid Strategies ($PURR) is now up approximately $78 million on its last reported HYPE purchases, having deployed $129.5 million to acquire around 5.0 million HYPE as of February 3, 2026. This makes it one of, if not the best performing DAT in 2026. With HYPE continuing to appreciate, the DAT now holds more than $750 million worth of HYPE, totaling 18.2 million tokens.

A wallet cluster received 3,523,331 HYPE ($144M) from Galaxy Digital over the past 40 days, making it one of the largest, if not the largest buyer in this time period. The last transfer from Galaxy Digital into this cluster was 2 hours ago for 395K HYPE ($16.2M). I have no clue who it is. I previously thought it could be Multicoin rotating ETH into HYPE, but that is still unconfirmed. hyperevmscan.io/address/0xca29… hyperevmscan.io/address/0x76d4… hyperevmscan.io/address/0x57c6… hyperevmscan.io/address/0x6cd6… hyperevmscan.io/address/0xab73… hyperevmscan.io/address/0xab31…

Looks like wallets linked to Multicoin Capital are rotating a large amount of ETH into HYPE. Since January 22, wallets sent 87.1K ETH ($220M) to a Multicoin-linked Galaxy Digital deposit address. On January 23, one day after the first deposit, a Multicoin-linked wallet started receiving HYPE from Galaxy. etherscan.io/address/0xfe18… hyperevmscan.io/address/0xd4d5… The first large transfer came on Jan 26, when Multicoin received 465K HYPE ($16M). Over the following 5 days, they received another ~990K HYPE ($30.6M) from Galaxy. I didn’t spot other major on-chain transfers yet, but I wouldn’t be surprised if more show up in the coming days. Not 100% sure of course, but the timing and on-chain links give me enough confidence to post this. Didn’t know they were holding this much ETH. If I’m wrong, happy to delete.

@comfyleverage @TheCryptoNexus 600K

@TheCryptoNexus total fees paid?

@notthreadguy based

fully tpd the oil trade. there's too many forces working against staying long here. reading a ton of reports that the strait is opening back up to everyone but the US/Isreal, which assumes we are closer to a resolve. idk. not worth getting crushed by a fake headline, arbitrary trump declaring victory or taco spam I still think there's a huge spread between how the market is positioned and how out of control the conflict has spiraled but idk if oil is the best vehicle to express that anymore from here We monitored the entire situation and covered the trade live on stream. monday-friday at 330pm est every day

@mauritsneo Buy it

I genuinely want to full port $Hype my only worry is that Wallstreet / Nasdaq or whatever entity, “Ban” it even if it’s impossible to enforce surely that news gives it a -30% candle thoughts? Smart people only

@0xmev Perpetual Renaissance

When we first introduced traditional asset perpetual futures, one of the main questions was how the instrument would achieve continuity when traditional markets were closed. Our answer included a critical safety framework we called Discovery Bounds. To realize the radical concept of 24/7 trading, we made an explicit trade-off: limit the extreme tails of price movement, and the range within becomes substantially more conducive to genuine price discovery. This trade-off has been vindicated. Weekend volume has been growing ~28% week-over-week, reaching an all-time weekend-volume high of ~$1 billion. Perhaps more importantly, we've seen a dramatic increase in directional correctness throughout these sessions - TradeXYZ's 24/7 perps are becoming the most accurate predictor of asset prices upon reopening of traditional markets. With more participants, deeper liquidity, and higher-signal price movements, we've reached a point where the static protections themselves have become the primary constraint on price discovery. The market has matured substantially. It was time to revisit the original trade-off. Discovery Bounds V2 is the natural evolution of the original design. It maintains active boundaries which prevent rapid swings in mark price, preserving the vital protective properties of the first iteration. But the bounds are no longer static - when trading persists at the edge of the active range, the oracle gradually converges toward that level. Once that persistence is strong enough, the active discovery range resets, allowing price discovery to continue in bounded steps as the market proves out new levels. Ultimately, this represents a historic shift in capital markets: on weekends, a persistent move with sustained activity on TradeXYZ is a more predictive measure of fair price than any datapoint available from traditional finance. Our long-term goal remains unchanged: 24/7 price discovery across global capital markets, independent of the assumptions and limitations of legacy market hours and traditional institutions. This is a meaningful step toward that future. Perpetual Renaissance

source // @velo_xyz

About 3 weeks ago, @GarrettBullish longed roughly $100–130M worth of WLFI on Binance over the span of 3 days, pushing the price up ~30% from $0.10 → $0.13. At the same time he withdrew 313.3M WLFI (~$32M) from Binance. 0xd1Fc0D21A2122BCb3204e28AC5fC3449EE01f6ee He still appears to be holding both the 1B+ WLFI perps long (~$100M+) and the spot, while the price has now fully retraced back to where he started buying. Curious what the endgame is here, or if this eventually ends like his ETH longs, which got fully liquidated. Like always, not 100% confirmed it’s him since I can’t see the Binance accounts, but based on the execution and activity I’m pretty sure it is.

@emmettgallic @GarrettBullish

@mlmabc @GarrettBullish Oh yea good catch definitely that whale, but there is no way a dude who ran a noncustodial ethereum staking platform is making mistakes like this

Its @GarrettBullish btw

After weeks of inactivity, the entity just started consolidating all the USDC from the BTC sales into a single wallet. The cluster became active again a few hours ago and shows the same patterns as before, including how gas is sent to wallets and the first transactions they make. The amounts also match the roughly $760M of BTC that was deposited to Binance that day, with the proceeds from those sales now held as stables in these two wallets. 0x1cBa79CF8DD10D0D6cD6f098B34DFc3499377829 0x2E42E686c6444781E110775F2623E895e900AcbF

@mlmabc @GarrettBullish I would say likely based on that he was also withdrawing a bunch of USDT off of Binance at the same time. But not confirmed just based on that imo, unless you see something I don't

Imagine holding BTC for years and making billions, only to rotate most of it into ETH at the top of ETH/BTC, get liquidated for hundreds of millions after doubling down on a losing trade, and then lose another $50M in seconds by clicking the wrong buttons on your phone. Whenever you think you made a retarded trade, remember there’s always some Chinese billionaire making the exact same mistake just 100000000000× bigger.