> Be Kindred Labs.
> Have an NFT project on Abstract (Klara).
> Send 80 ETH to new wallets.
> All in batches of 4 ETH.
> Sweep your own NFTs.
> Go on X and celebrate floor price increase.
Amateur hour
1/ Since a lot of people are waking up to see their perps positions closed and wondering what the hell “Auto-Deleveraging” means, here’s a quick and dirty primer.
What is ADL? How does it work? And why does it exist?
The $10B liquidation figure floating around is fake, the real number is likely much higher, somewhere in the $30B–$40B+ range.
On Hyperliquid alone, nearly $7B was liquidated. Here’s the full breakdown for anyone interested:
Total liquidations since 20:45 UTC:
- Total Value: $6,702,223,168.08
- Total Backstop: $4,352,720,741.58
- Total Market: $2,349,502,426.49
Breakdown by asset (top 10 by market):
- BTC: $781,848,860.51
- ETH: $539,690,395.94
- SOL: $246,037,906.19
- HYPE: $116,710,437.27
- DOGE: $76,753,273.71
- ASTER: $76,606,241.66
- XRP: $73,144,750.79
- XPL: $43,076,401.99
- ENA: $32,104,013.63
- PUMP: $30,501,142.72
All data is sourced from the Liquidations Telegram. The channel was deleted mid-crash for spamming, but since they log everything separately in their own database, the full dataset is still available.
In $PUMP for 1m, will either be an awful decision and I will be hunting Alon for sport or I will tattoo a green and white pill on my left ass cheek. Fingers crossed
Easy arbitrage opportunity with this new crypto company that IPO'd 2 weeks ago
You can buy the crypto version of their stock for $1 and then exchange it for the one listed on NYSE which is currently priced at $229
It's a tedious process so barely anyone is doing it but I expect that to change because of the massive profit opportunity presented. I have already made high 7 figs doing this over the past couple of days.