Another incredible week by $PURR.
They spent $15.5M and bought more than $95M in HYPE.
They've been the ones twapping HYPE non stop so with their current NAV, volume and cash I expect even higher TWAPs next days.
Hyperliquid Strategies $PURR (@HypeStrat) just published that they bought 1.4M HYPE, worth around $95M, over the last 7 days, while their cash position only fell by $15.5M.
They now hold 23.7M HYPE and $141.7M in cash.
At the current HYPE price, they are trading at 1.29x NAV, which allows them to issue more ATM shares, sell them, and buy more HYPE.
Source: https://t.co/EQb6uMkkLL
Arthur Hayes just sent 247.330 HYPE ($18M) to Flowdesk to sell them after saying 4 days ago that $HYPE would overtake $SOL before this bull run is over.
At the same time, he posted in his profile that he sold his NEAR and HYPE bags: https://t.co/JyifN4KjHW
@AustinBarack Yep, you can use my bot on telegram: https://t.co/ktFJjw46d4
Type /hypestrat_subscribe and you will receive alerts once they update their website
GarrettBullish (@GarrettBullish) is now down more than $11M on his $85M bitcoin:native long.
He has been opening the position over the last two weeks.
His liquidation price is around $55K.
Is this just a really bad trader or is he longing onchain to bait people while he sells on CEX?
Track or counter-trade him directly on the Markets app:
https://t.co/yKMojSpNHI