My read: bearish into the unlock and the first insider window. Supply up, price under IPO, first earnings unproven at ~49x revenue.
Trade it 24/7 as xyz:SPCX on Hyperliquid. Earnings print after-hours Aug 4, before the stock even opens.
Watching Aug 4 into the unlock. $SPCX
SpaceX's first supply cliff is almost here. And the date everyone's quoting is wrong.
SPCX went public in June with only ~5% of shares floating. The other ~95% sits locked.
That lock starts breaking days after the Aug 4 earnings. $SPCX
Real near-term supply is the ~$123B. Landing on a stock already trading below its $135 IPO.
Weak tape into a lockup is the ugly setup. Not much demand parked there to absorb sellers.
Unlock isn't a forced dump. But the pool that can sell just blew past that ~5% float.
Hyperliquid keeps setting the standard for real protocol revenue. ⚡
📊 Last 24h:
• Protocol Fees: $850.7K (+14.2%)
• Net Revenue: $607.4K
💰 All-Time Fees: $1.44B
📈 All-Time Revenue: $1.17B
Real usage, real fees, every day.
$HYPE #Hyperliquid#DeFi#RealYield#Crypto
Why it matters for the tape:
• ~20% of global oil moves through Hormuz — Brent still near $88, +14% on the week
• BTC holding ~$64K, tracking Fed liquidity more than war headlines now
A real pause bleeds the risk premium out. If it holds.
$BTC
Iran–US, latest de-escalation attempt:
A senior Iranian source says mediators floated a 10-day pause on strikes to revive the interim deal — the Islamabad MOU Trump called "over" on July 8.
Nothing signed. One source, one side.
Watching for confirmation. $BTC
When Jeff was asked why he spends all his time on Hyperliquid
His response was
“You have to have an obsession with building it, otherwise the product just fades away”
Stop selling a $600 coin for $60
Beginning July 20, Claude Fable 5 will be included in all Max and Team Premium plans, at 50% of limits.
Pro and Team Standard users will continue to have access to Fable via usage credits, and will receive a one-time $100 credit.
Demand for Fable has been challenging to predict, which is why we rolled it out to subscription plans in stages, extending access several times as we secured additional capacity.
After the wick, price bounced into the mid-$126s. Mark/oracle reconverged — this is not the May Ventuals oracle event (−45%).
Watch:
• $119.40 flash low
• $135 IPO reclaim vs acceptance below
• OI / funding rebuild after the cascade
$SPCX
Ugly 2 minutes for $SPCX on Hyperliquid.
16 Jul ~22:47–22:48 UTC on xyz:SPCX (https://t.co/ackDGsHIKM):
• Open → low in ~2m: $131.39 → $119.40 (−9.1%)
• Worst 1m wick to $119.40 on ~310k contracts / 6,746 trades
• https://t.co/ackDGsHIKM liquidator recovered ~$739k after a ~10% drop in seconds
Same-day backdrop: equity already under the $135 IPO, Starship scrub in the headlines. The flash was the leveraged off-hours print.