Bankless co-founder David Hoffman stated that after selling all his ETH, he immediately allocated approximately 50% of the funds to VVV, NEAR, ZEC, and HYPE, and used the remaining 50% to purchase LIT.
Previously, he stated that Ethereum has achieved a market capitalization commensurate with its actual performance, but that a significant structural revaluation of ETH as an asset is unlikely in the future.
https://t.co/EcWnSTAfTT
loracle.hl(@loraclexyz), who lost over $35M from shorting $110M+ worth of $HYPE, is now closing his $HYPE short and flipping long on $ASTER!
He has already closed part of his $HYPE short and still holds 1.5M $HYPE($103.1M) short.
At the same time, he is adding to his longs on $ASTER, $ZEC, and $TON.
Because of his $HYPE short, he has lost all the $42M+ he previously made on perps.
In less than 20 days, he went from $42.2M in profit to being down $829K.
https://t.co/WeKJaoP4z5
The new regime:
hyperliquid:native flipped solana:So11111111111111111111111111111111111111112
ethereum:0x58d97b57bb95320f9a05dc918aef65434969c2b2 flipped ethereum:0x7fc66500c84a76ad7e9c93437bfc5ac33e2ddae9
Grayscale is buying $HYPE!
#Grayscale already filed the S-1 registration statement for the $HYPE ETF in January.
Over the past week, 2 wallets linked to #Grayscale bought 510,387 $HYPE ($24.95M) and staked it.
https://t.co/KCuWEwyPAe
https://t.co/ttCiYnetlg
Different protocols calculate APY differently. If you are serious about yield, the frontend number is just the starting point and can even be misleading at times.
What actually matters:
โข Track how the exchange rate updates onchain, that tells you the real yield accrual
โข Pull historical data to understand yield volatility
โข Understand where the yield actually comes from