KingOfMerch

Founder of fashion company! They call me King Of Merch! Merch - ARC, Azuki, BAYC, BitcoinFrogs, Coinbase, Paradex, Pixelmon, PudgyPenguins, Sandbox, Tezos, OKX

[Kai @kai_xbt]

Threadguy reveals Hyperliquid was the only venue on earth that didn't break during the SpaceX IPO

"What Hyperliquid pulled off on the SpaceX pre-IPO was absolutely incredible. So much volume, so much OI, the market was so liquid, and it predicted the price almost perfectly. The last quote that came out was 150, and within 10 minutes of the IPO it was at 175. It was wild how accurate it was."

"And here's the crazy part. The moment the IPO went live, Robinhood was down, Coinbase was down, Bybit had to refund everybody that participated, Binance had to refund everybody that participated, and Hyperliquid was the only venue on the planet with absolutely no problems. Very impressive tech performance on the biggest IPO in history."

[beeple @beeple]

ALL OF THE THINGS

[Pepe @pepecoineth]

horses don't stop, they keep going

[Pepe @pepecoineth]

i may be delusional but i am free $PEPE

[beeple @beeple]

PAIN-MAXXING

[beeple @beeple]

DEAD AGAIN

[beeple @beeple]

DON'T DIE

[beeple @beeple]

HOPIUM RUNNING LOW

[beeple @beeple]

WORLD LIBERTY FI

[Lookonchain @lookonchain]

Swing trader 0x4F51 sold his remaining 1,000 $ETH($2.22M) 5 hours ago, taking a $1.44M loss.

Since Jan 27, 2025, he has made 4 swing trades — 3 of them were losses, with a total loss of $2.45M.

https://t.co/jCd61oaLy7

[Watcher.Guru @WatcherGuru]

BREAKING: 🇺🇸🇮🇷 US and Iran agree to 2-week ceasefire, completely reopening Strait of Hormuz.

[beeple @beeple]

so fully irreversibly back forever.🚀

never doubted.

[KingOfMerch @KingOfMerch_]

@benjamincowen 💯

[Zeneca🔮 @Zeneca]

Market crashes are scary. Some thoughts on how to navigate times like these:

1/ Change your perspective to view every price drop as an opportunity. You now have the option to buy good assets at cheaper prices. That’s a good thing.

2/ It’s also a learning opportunity. Have no capital? Lesson is to take more profits. Feeling sick to your stomach? Lesson is to diversify more, or be less all-in. It might hurt, but there’s always a lesson, and you can always learn and improve for next time.

3/ Recognize that the lower the price goes, the more people give up and leave. Your competition literally gives up. There are outsized returns for those that stick around.

4/ Zoom out. If you don’t feel better, zoom out further. Think about your goals in terms of where you wanna be 10 or 20 years from now rather than 1 year, and you’ll suddenly find them a lot more achievable. Compound interest is a hellofa drug.

5/ Zoom out further. Beyond money and charts. Look at what’s happening in the world. Give your life a fresh perspective: do you have a roof over your head? Food on your table? Safety from war? Friends or family that loves you? Your health? You might not have all of these things, but any one of them is enough to be grateful. Even none of them is: simply being alive is enough. We all have within us all we need. Might seem hollow and preachy but that doesn’t make it not true.

6/ Go for walks. Walking is underrated. I have had more days than I can count where my NW dropped over 7 figures. It used to hurt a lot. It always feels better after a walk.

7/ Avoid the obvious traps people fall into when trying to feel better: alcohol, drugs, leverage / revenge trading, etc. it’s easy to succumb to such things as an attempt to quickly solve your woes. 99% of the time you’re just gonna make things much worse.

8/ Work to diversify your income streams. The most stressful position to be in is having 100% of your money in crypto, where you need crypto income to pay your bills. If your main source of income is outside crypto, you have a leg up. If you can get to having multiple sources of income, you’re golden. In the age of AI, anyone can easily work in this direction. The bottleneck is your own motivation.

9/ No matter how bad things get, know that there’s always a path forward. Countless legends have gone from below zero to hero. If you’ve lost everything, you can always start over. You can always find success in the future, whether in this industry or another. Your experience gives you an enormous advantage over everyone else. Never give up.

10/ If you feel particularly sad or depressed or down and dejected.. step away. Endlessly scrolling social media and refreshing price charts is gonna do nothing for you. Time might not fully heal all, but time has a way of at least softening everything. Give yourself a break. You’re not gonna miss anything; chances are you’re protecting yourself from yourself, from making poor decisions when your mental state isn’t optimal.

Life goes on. It gets better.

The real money is made during bearish times anyway. Everyone is a genius in a bull market. It takes grit and perseverance and conviction to stick around and accumulate through bearish times.

Good luck

[Zeneca🔮 @Zeneca]

This is why we’re never gonna experience an alt season like we used to see

Way too many tokens

[KingOfMerch @KingOfMerch_]

@SexyMichill Totally agreed! 💯

[Bull Theory @BullTheoryio]

SOMETHING CLEARLY CHANGED IN THE CRYPTO MARKET AFTER OCTOBER 10TH.

And the data supports it.

On that single day, the market saw the largest liquidation event in crypto history, nearly $20B wiped out in less than 24 hours.

When we add everything from October 1st to today, the total liquidation figure crosses $41B, which is an unusually high number for a period without major macro shocks, protocol failures, exchange collapses, or black-swan headlines.

What makes this even more unusual is that equities recovered, the S&P 500 made new highs, and NVIDIA delivered strong earnings, yet crypto never stabilized.

There has been no meaningful bounce, no relief rally, and no rotation. The market has moved in a straight down line: forced selling, minor pauses, and more selling.

If you look at the daily liquidation data, the pattern is consistent.

Every attempt at recovery gets taken out by another wave of long liquidations.

Even on days when global markets remain stable or even green, crypto experiences sudden, concentrated flushes where $100M-$1B in leveraged positions get liquidated in hours.

This kind of repeated behaviour usually points toward one of three possibilities: a major entity unwinding positions, structural deleveraging inside large trading firms, or a series of systematic liquidity gaps triggered by thin order books.

But the core point is that none of this has been officially confirmed. Despite the scale of the event, there has been no clear explanation from any market participant, no statement from large funds, and no evidence released showing what started the chain reaction.

The strange part is that nothing in the macro environment on October 10th justified a liquidation wave of this magnitude.

There was no ETF rejection or approval, no regulatory shock, no significant economic data, and no on chain failure.

Yet the sell off created a structural shift in market behaviour that has continued for 45 days.

Traders were wiped out, open interest collapsed, and liquidity thinned across major pairs.

Even now, the market continues to respond to small moves with outsized liquidations. This suggests that the initial event on October 10th did more damage beneath the surface than the market has understood.

After such a large liquidation event, markets typically retrace or consolidate to rebalance positions.

But we’ve had none of that. Instead, the selling has looked systematic and controlled, almost as if a single large entity or a small group is still in the process of reducing exposure.

That is the part the industry still has no clarity on.

Billions were liquidated, liquidity conditions changed, retail was heavily impacted, and yet we still do not know who absorbed the losses or who benefited from the unwind.

With over $41B liquidated since October 1st and $20B in one day, the market deserves transparency about what led to this sustained breakdown in market structure.

And this is exactly where the Digital Asset Market Clarity Act matters.

Because when $41B gets liquidated in six weeks with no confirmed trigger, the real issue is the lack of clear rules around market behaviour.

The CLARITY Act directly targets the loopholes that allow this kind of unexplained move:

• Bans wash-trading
• Gives the CFTC real-time monitoring to flag abuse
• Criminalizes spoofing and front-running
• Requires proof-of-reserves and monthly audits for all US-facing exchanges

If these standards were active today, we would at least know who was behind the October 10th liquidation wave and what actually triggered it.

The market doesn’t just need stability, it needs clarity.

[beeple @beeple]

MICHAEL, NO!!

[KingOfMerch @KingOfMerch_]

@starplatinum_ Still in CT 🫡

[KingOfMerch @KingOfMerch_]

@pranksy @houseofpranksy 🚀🚀