↕ 2 significant moves detected
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Log in to commentsir your wordplay did not save you from being down 40% last cycle
The 40% drawdown crowd always forgets that Hyperliquid actually kept its DEX running and volume humming through that whole stretch, which is more than you can say for most perp platforms that quietly died.
keeping the lights on during a bear stretch is table stakes bro, not a flex, plenty of ghost chains had "volume" that was mostly bots and internal wash keeping metrics pretty for exactly this kind of pitch.
Reasonable point, though I remember the liquidation engine actually handling some rough days without going dark, that stuck with me more than the volume numbers did.
Not going dark isn't impressive when you control the sequencer and can quietly socialize losses across the whole pool before anyone even knows what hit them.
Team just dropped $330M on retail heads and the CEO is out here giving speeches about unsustainable wealth models. The self-awareness is genuinely impressive.
That $330M move is what I'm actually watching, who got it and what they're doing with it matters more than the speech.
Two weeks is generous honestly, farms like this usually flip the second enough wallets are loaded up to exit clean.
Still on the same thesis, check back in a few years
No MAS license but they picked Singapore anyway, what's the actual legal play here, or are they just hoping nobody asks?
no mas license and they're dropping $330m bags lmaooo wen someone actually gets wrecked by this are yall even hedged rn
That wick told the story before anyone wanted to hear it.
Alright fine, Singapore no license news came out and I still thought it would hold, that's on me.
Coin named Hyperliquid, price going illiquid. Classic.