NIMARU

turning noise into signal
research, market alchemy & early opportunities
former Solana validator & The Graph indexer

[NIMARU @nimaru0x]

@QFEX is the new player storming into perps and RWAs

last chance to lock in 0 maker fees for life on 21 stock and index markets
deposit before 00:01 UTC Monday

already #8 by OI on DefiLlama
while still extremely early

this one looks like a gem

[NIMARU @nimaru0x]

@QFEX separate deadline worth knowing

deposit before 00:01 UTC Monday and lock in 0 maker fees for life on 21 eligible stock and index markets

registration alone does not count

full breakdown ↓
https://t.co/qXvTjbtP7g

[NIMARU @nimaru0x]

@QFEX is the new player storming into perps and RWAs

last chance to lock in 0 maker fees for life on 21 stock and index markets
deposit before 00:01 UTC Monday

already #8 by OI on DefiLlama
while still extremely early

this one looks like a gem

[NIMARU @nimaru0x]

@JElafina @QFEX this is exactly why the current fee window matters

deposit before 00:01 UTC Monday and the lowest tier is yours for life on 21 stock and index markets

registration alone does not count

[NIMARU @nimaru0x]

@QFEX proof layer

lowest tier means 0 maker + 1.5 bps taker on equities and 0.6 bps on indices

invite-only and geo-restricted
check eligibility before depositing
fees
https://t.co/9Nz4vgeIXa

live OI
https://t.co/d0qVKA875v

[NIMARU @nimaru0x]

@QFEX is the new player storming into perps and RWAs

last chance to lock in 0 maker fees for life on 21 stock and index markets
deposit before 00:01 UTC Monday

already #8 by OI on DefiLlama
while still extremely early

this one looks like a gem

[NIMARU @nimaru0x]

@ProMint_X what? again?

the bull market just started

[NIMARU @nimaru0x]

@vnovakovski the changes for the better are already visible

the crypto industry now has a seat at the table with regulators.

great to see you representing it, Vlad.

[NIMARU @nimaru0x]

@carlxbt @injective the 60% fee buyback is probably the most underpriced part here

real usage turning directly into token demand is still surprisingly rare across L1s

[NIMARU @nimaru0x]

@scheinerino 50% for the community sounds great

[NIMARU @nimaru0x]

@markus10x Yeah, agreed
Sometimes enough factors line up and you get a perfect storm

[NIMARU @nimaru0x]

Crypto finally remembered how to go up

Since Aug 18, BTC went from around $63k to nearly $80k, ETH gained roughly 27%, and some alts started printing those +20–40% green candles we almost forgot existed

There wasn’t one huge catalyst

A weaker dollar, a more crypto-friendly regulatory backdrop in the US, Treasury signals and a massive pile of shorts all hit at the same time

Once BTC broke out of its 6-week range, liquidations started feeding the move

Around $1.9–3B in positions got wiped in 24h, mostly shorts

But this wasn’t just a short squeeze

BTC ETFs saw roughly $1.6B of inflows in a few days, ETH ETFs another ~$500M, volumes jumped and the whole liquid market moved with them

Did we finally bottom

Maybe

But after candles like these, I’m expecting at least some kind of pullback

A retest of the $72k area wouldn’t surprise me at all

And that’s where things get really interesting

[NIMARU @nimaru0x]

@scheinerino Yep, $72k is just the first level
Below that, $68k and even $58k are definitely possible

[NIMARU @nimaru0x]

@BitcoinMagazine Wrote down the full thesis here ↓
https://t.co/bK4trxr1rf

[NIMARU @nimaru0x]

Crypto finally remembered how to go up

Since Aug 18, BTC went from around $63k to nearly $80k, ETH gained roughly 27%, and some alts started printing those +20–40% green candles we almost forgot existed

There wasn’t one huge catalyst

A weaker dollar, a more crypto-friendly regulatory backdrop in the US, Treasury signals and a massive pile of shorts all hit at the same time

Once BTC broke out of its 6-week range, liquidations started feeding the move

Around $1.9–3B in positions got wiped in 24h, mostly shorts

But this wasn’t just a short squeeze

BTC ETFs saw roughly $1.6B of inflows in a few days, ETH ETFs another ~$500M, volumes jumped and the whole liquid market moved with them

Did we finally bottom

Maybe

But after candles like these, I’m expecting at least some kind of pullback

A retest of the $72k area wouldn’t surprise me at all

And that’s where things get really interesting

[NIMARU @nimaru0x]

@BitcoinMagazine Maybe, but I think the first pullback matters more than the pump itself

[NIMARU @nimaru0x]

@Ell7gray for me, this is the most important level right now
it will show whether we have a chance to transition into a bull market quickly

[NIMARU @nimaru0x]

@CoinDesk @markus10x @10xResearch Wrote down the full thesis here ↓
https://t.co/bK4trxr1rf

[NIMARU @nimaru0x]

Crypto finally remembered how to go up

Since Aug 18, BTC went from around $63k to nearly $80k, ETH gained roughly 27%, and some alts started printing those +20–40% green candles we almost forgot existed

There wasn’t one huge catalyst

A weaker dollar, a more crypto-friendly regulatory backdrop in the US, Treasury signals and a massive pile of shorts all hit at the same time

Once BTC broke out of its 6-week range, liquidations started feeding the move

Around $1.9–3B in positions got wiped in 24h, mostly shorts

But this wasn’t just a short squeeze

BTC ETFs saw roughly $1.6B of inflows in a few days, ETH ETFs another ~$500M, volumes jumped and the whole liquid market moved with them

Did we finally bottom

Maybe

But after candles like these, I’m expecting at least some kind of pullback

A retest of the $72k area wouldn’t surprise me at all

And that’s where things get really interesting

[NIMARU @nimaru0x]

@CoinDesk @markus10x @10xResearch The short squeeze explains the speed, but not the whole move

ETF inflows and broader spot demand make this much more interesting than just another liquidation cascade

[NIMARU @nimaru0x]

@BitcoinMagazine @matthew_sigel My take on what actually triggered this move ↓

https://t.co/bK4trxr1rf

[NIMARU @nimaru0x]

Crypto finally remembered how to go up

Since Aug 18, BTC went from around $63k to nearly $80k, ETH gained roughly 27%, and some alts started printing those +20–40% green candles we almost forgot existed

There wasn’t one huge catalyst

A weaker dollar, a more crypto-friendly regulatory backdrop in the US, Treasury signals and a massive pile of shorts all hit at the same time

Once BTC broke out of its 6-week range, liquidations started feeding the move

Around $1.9–3B in positions got wiped in 24h, mostly shorts

But this wasn’t just a short squeeze

BTC ETFs saw roughly $1.6B of inflows in a few days, ETH ETFs another ~$500M, volumes jumped and the whole liquid market moved with them

Did we finally bottom

Maybe

But after candles like these, I’m expecting at least some kind of pullback

A retest of the $72k area wouldn’t surprise me at all

And that’s where things get really interesting

[NIMARU @nimaru0x]

@BitcoinMagazine @matthew_sigel The move is impressive, but the first real pullback will tell us much more

After candles like these I wouldn’t be surprised to see BTC retest the $72k area before the next move

[NIMARU @nimaru0x]

@scheinerino not at the moment
but it really looks like they’re preparing
and as we know, Hyperliquid still has unallocated tokens

[NIMARU @nimaru0x]

Robinhood × Lighter vs Coinbase × Hyperliquid

Looks like we may be heading into a clash between some of the most hyped projects in the industry

Robinhood and Lighter already made the first move by launching incentives for trading through RobinhoodApp × Lighter_xyz
Now Coinbase has made its move too, launching perps in Base App powered by Hyperliquid

I think the battle for users is only getting started
And if that’s the case, some good opportunities for us will probably come with it

Watching closely to see what happens next

[Base App @baseapp]

Base App perps are live powered by Hyperliquid.

Long or short anything from your phone.

[NIMARU @nimaru0x]

@Lighter_xyz Full thought here ↓
https://t.co/jIopJUDBXz

[NIMARU @nimaru0x]

Robinhood × Lighter vs Coinbase × Hyperliquid

Looks like we may be heading into a clash between some of the most hyped projects in the industry

Robinhood and Lighter already made the first move by launching incentives for trading through RobinhoodApp × Lighter_xyz
Now Coinbase has made its move too, launching perps in Base App powered by Hyperliquid

I think the battle for users is only getting started
And if that’s the case, some good opportunities for us will probably come with it

Watching closely to see what happens next

[NIMARU @nimaru0x]

@Lighter_xyz This gets even more interesting now that Base App launched perps powered by Hyperliquid

Robinhood × Lighter vs Coinbase × Hyperliquid is starting to take shape