Hyperliquid Strategies ($PURR ) will have a gamma squeeze in the next 60 trading days (similar to GameStop)🧵👇
$PURR just had its largest day of trading volume, indicating how aggressively investors are establishing positions into the regulatory change for Hyperliquid
On top of this, call open interest for $PURR is surging, as traders buy the OTM tails. Watch very closely because once more OTM calls get listed, it will almost certainly cause a gamma squeeze. Right now, $PURR is the only liquid location to buy OTM calls on Hyperliquid, squeezing into the regulatory acceptance.
There is a massive problem with the calls right now, though. The strikes aren't listed very high. I'll explain this in the next tweet below for you.
@SkyedOKC Can’t say OKC lost the trade because they won the chip with Caruso, but one of those perfect both teams win scenarios you rarely see in NBA trades these days.