Dark Forest

Shadowy mediocre

[Dark Forest @DarkForestCap]

@TThompson This is how it’s done @CryptoSwiss827

[Dark Forest @DarkForestCap]

Hyperliquid

[Stat Arb @quant_arb]

In the latest article we break down exactly how to research and evaluate HFT alphas, and explain advanced techniques used by top trading firms.

[Dark Forest @DarkForestCap]

@ripdotxyz Very few have considered what happens if 0.5% of HYPE is reserved for Hypurrs

[Dark Forest @DarkForestCap]

Scientific proof that if we all don’t sell, number goes up

[shaunda devens @shaundadevens]

12 hours later, HYPE is up 15% from $50.

The volume profile highlights my previous argument almost perfectly: green shows volume traded during the recent move, compared to total auctioned volume at each price level.

Relatively little HYPE is actually changing hands at these new levels. The violence of the move is coming from the imbalance between aggressive buyers (DATs, ETFs, chasers) and a seller base that already had months to distribute in the prior range.

However, until sellers find a material reason to step in, the path of least resistance remains higher. Higher prices can become reflexive: they validate existing holders, reduce the urgency to sell, and force sidelined buyers to chase.

For example: if you are an existing holder, has this recent move made you more or less likely to sell versus when HYPE was at range lows? If you are sidelined, has this move made you more or less likely to enter?

Counterintuitively, despite higher prices meaning higher multiples, the answer is likely that it increased your desire to hold and participate. That is ultimately why we buy assets: for them to go up.

So where is the level where long-term holders finally sell? My bias is much higher.

[Dark Forest @DarkForestCap]

@zeroxkyle It’s scary because it’s an upward crash where some large portion of the population is not exposed to it

[Dark Forest @DarkForestCap]

@Sokio8D Sir whoever you interview can you adjust the intro music levels so it’s doesn’t blow my ears off every time cheers

[Dark Forest @DarkForestCap]

@BTIKpodcast BTIKFC

[Dark Forest @DarkForestCap]

@ideacasino Deep fucking value

[Dark Forest @DarkForestCap]

The answer to ‘what can I do on Monad?’

[Monad @monad]

︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎ ︎

[Dark Forest @DarkForestCap]

@ideacasino Thank you for going the extra mile and sourcing a 4k version of the meme

[Dark Forest @DarkForestCap]

@lazyvillager1 Crossover episode @CryptoSwiss827

[Dark Forest @DarkForestCap]

@stogolp Me at the first sign of sun @CryptoSwiss827

[Dark Forest @DarkForestCap]

@ronin21btc Inside you there are two Brits @CryptoSwiss827

[Dark Forest @DarkForestCap]

@0xG00gly @pythianism The prophecy of $2k AAVE @CryptoSwiss827

[Dark Forest @DarkForestCap]

@StefanBurnsGeo @0xwonel

[Dark Forest @DarkForestCap]

@0xwonel

[Dark Forest @DarkForestCap]

2021 to truck drivers: ‘learn to code!’

2026 to coders: ‘learn to drive trucks!’

[Dark Forest @DarkForestCap]

Job market is so cooked I just got a job piloting remote demolition drones for @megacorphq

[Dark Forest @DarkForestCap]

@katexbt Aim trainer @0xwonel

[Dark Forest @DarkForestCap]

@CryptoSwiss827 @doomerfied Doomerfied