This episode made me pretty bullish $LIT
The regulated US perps market is a $+100b market, and Lighter is pursing the regulatory licenses required to access it
The $LIT token is issued out of a Delaware C-Corp
Everything about @Lighter_xyz is a green flag for US regulators
Episode out for Premium Subscribers!
loracle.hl(@loraclexyz) deposited 616,675 $HYPE($36.76M) into Hyperliquid and has already sold most of it, leaving only 53.33K $HYPE ($3.06M).
Most of the money from the sales was used to support his $HYPE short and avoid liquidation.
He still holds a 1.8M $HYPE($103.7M) short, and his unrealized loss has dropped to $22M.
New liquidation price: $83.33
loracle.hl also holds 626,289 $aHYPE ($40M).
If $HYPE keeps rising, he may sell more $HYPE.
https://t.co/WeKJaoP4z5
https://t.co/pRWYHgyuqA
@stoolpresidente Oh yah folding 1 pair facing an allin and a resolve for your tournament life really ranks up there with some of the greatest folds in poker history!!