Silver did ~$3B in volume on Hyperliquid today.
Meanwhile, the CME traded 275k contracts (~$130B notional).
Hyperliquid just captured ~2% of the world's primary silver market for an asset it listed 30 days ago.
Insanity.
So many Friday sell-off theories on manipulation, insider trading, etc.
Maybe the fact that there are hundreds of coins that have no real value and most of the trading has been just wash trading to get points on 76th perp dex of the week, while market makers create the illusion of actual supply and demand, was enough reason to create a cascade we saw.
The fact your favourite coin went 80% down is maybe because its where it should be in the fist place.
The hardest part of this next leg $BTC
Isn’t positioning
You should ALREADY be positioned LONG
The hardest part is DOING NOTHING
No getting skimmed. No getting fancy. Just straight home run hitting
@ColdBloodShill cost of living is gonna be real fast for gen z defaulting on a klarna loan, with no assets, and black listed credit. that generation is truly cooked.
@dotkrueger saylor pumped billions around the top, meme market destroyed retail, trump grifting, alts are dying reflecting their intrinsic value. wider equity markets are losing momentum. short it all.