Port at ath. Plan into January:
1. Think there are some uncertainties looming around, some funds are cutting exposure, lower volume. Large size will have more impact LTF.
2. At this period, easier to manipulate market by Option writers. Until volume significantly improves.
i did not buy, reason:
1. saw people talking about thick bids 60-65k, too suspicious like a psyops. It is like calling everyone to bid there. I dont buy it.
2. No liquidation wick
3. Slow control selling
4. Last time -ve funding used to be bottom, now it’s just big player slam
Storm-Flounder-3aw is deep in the red and refusing to flinch. For three days, this whale has nursed a $22.3M $BTC long on #Hyperliquid as the market slid from an aggressive $78.2k entry into the $74.9k gutter.
Position stats:
Size: 297.7 BTC (13x leverage)
Unrealized PnL: -$980,000
Liquidation: $67.3k (10.2% buffer)
Withdrawable margin: $0
Despite a -54% ROE, Storm-Flounder-3aw hasn't adjusted a single sat. The trader is effectively all-in on a macro reversal, likely banking on resilient ETF demand or potential Fed rate cuts to provide a floor before the exchange engine takes over. BTW: It took a $1M deposit just to keep this from an immediate wipeout. 🦈🚩
https://t.co/hSqWvjYus6