Selectamatic

Trade it here:

[NMTD.HL @NMTD8]

Crypto was made for self custody.

Stop leaving funds on CeX's.

I'm sure even the biggest would have problems if everyone wanted to withdraw their funds. Don't be the last one out.

A lot of them are in the business of trading against their users rather than collecting fees from trades.

Remember how FTX had Alameda accounts in negative balances but still had open positions.

Hold your funds on chain, self custody.

[Selectamatic @selectamatic]

@TrustWallet Couple more

[Selectamatic @selectamatic]

@TrustWallet Another entry

[Selectamatic @selectamatic]

@TrustWallet Another entry

[Selectamatic @selectamatic]

@TrustWallet My entries....

[Selectamatic @selectamatic]

@yeule0 It did, about this time last year

[Coin Bureau @coinbureau]

🚨 CRYPTO MARKETS TURN INTO WEEKEND SAFE HAVEN FOR COMMODITIES

With markets shut, traders used Hyperliquid’s 24/7 trading to bet on oil and gold amid US-Israel-Iran tensions.

Commodity perpetual futures rallied as investors hedged against potential energy supply shocks.

[800.HL @degennQuant]

https://t.co/Uc4K0U8btw

[Looping Collective @looping_col]

LHYPE finished #1 on Hyperlend with 40.9M pts.

100% of all token allocations earned from farming activities in LHYPE's underlying yield strategy go back to users.

HPL has already been distributed to LHYPE users on Hypercore, ahead of trading going live today.

Hyperliquid

[rwlk @sherlock_hodles]

Crypto traders depositing to binance

[Broly @0x_Broly]

Hyper liquid is in most respects everything right with crypto

Founder literally fled his home country to build 🐐
Openly facilitates building the next generation of finance
The most public data ever shown
Permissionless

Kyle Samani is everything wrong with crypto, people who use their power to fearmonger real builders because it puts their position at risk

No one should ever listen to this guy.

[Teddy Bitcoins @TeddyBitcoins]

IT IS NOT A CONSPIRACY THEORY THAT BINANCE TRADES AGAINST ITS OWN USERS 🧵

CZ OWNS TWO MARKET MAKERS CALLED MERIT PEAK AND SIGMA CHAIN THAT WERE PROVEN TO BE TRADING AGAINST BINANCE'S USERS WITH BILLIONS OF DOLLARS OF CZ'S MONEY

THESE FIRMS WERE GIVEN SPECIAL ACCESS TO INFORMATION INSIDE OF THE "BINANCE BLACK BOX" WHICH IS NOT AVAILABLE PUBLICLY GIVING THEM A MASSIVE INSIDER ADVANTAGE

THEY WOULD THEN WASH TRADE AND MANIPULATE THE MARKET IN ORDER TO LIQUIDATE USERS AND INFLATE VOLUME

[Broly @0x_Broly]

Maximum extraction and you label it as "fud"

They inject back a slither of what they have extracted from the market

Manipulating the entire market with a monopoly

Framing the fud as "paid" from some random asfk screenshots

Im not paid

I do this cause you are a terrorist.

[Selectamatic @selectamatic]

@LeonidasNFT Hype sir, we buy Hype

[Anglio @anglio]

Gm ☕��☕️ when cz back to jail ???

[Cowboy @COWBS]

Did you know Binance once promised a $1B “Industry Recovery Fund” to save crypto after FTX imploded, and then quietly moved almost all of it back into their own pockets?

Let me walk you through the story, and how it's repeating right now with their latest $1B SAFU pledge, which isn't really helping anyone else in crypto, just padding Binance's reserves...all while Bitcoin conveniently crashes to super lows.

November 14, 2022. FTX is in freefall. Billions are evaporating. Panic is everywhere.

Then CZ drops this tweet: “To reduce further cascading negative effects of FTX, Binance is forming an industry recovery fund…to help projects who are otherwise strong, but in a liquidity crisis.”

Crypto world exhales. Binance, the biggest exchange on Earth, is stepping up. Relief.

Ten days later they make it official: $1 billion in BUSD committed. A public wallet is shared for transparency.

Wallet: https://t.co/TfdqSPdhQR

Headlines everywhere: “Binance launches $1B recovery fund.” Hope is back.

Fast forward to March 13, 2023.

CZ tweets again: “Given the changes in stable coins and banks, Binance will convert the remaining of the $1 billion Industry Recovery Initiative funds from BUSD to native crypto, including BTC, BNB and ETH. Some fund movements will occur on-chain. Transparency.”

Sounds noble. But look at what actually happened on-chain that very day:

Transaction: https://t.co/cJK3XLzENk

→ 985,088,975.25 BUSD (~$985 million)
→ Sent from the public “Industry Recovery” wallet
→ Straight to a Binance controlled corporate wallet.

Almost the entire fund, quietly moved back into Binance’s own treasury.

Only one real external deployment was ever publicly confirmed: ~$15 million to acquire a majority stake in GOPAX, a struggling Korean exchange.

That’s it.

The remaining ~$985 million? “Converted to BTC, BNB, ETH”… but no public record of those tokens being sent to external projects or meaningfully deployed for industry recovery. It just became part of Binance’s balance sheet.

Now flash forward to late January 2026.

Another crisis: A massive $19 billion liquidation event in October 10th, 2025 rocked the markets, and Binance caught heat for its role in the volatility.

Enter the latest headline-grabber: Binance's "Open Letter to the Crypto Community" announcing they'll convert the entire $1 billion SAFU stablecoin reserve into Bitcoin over 30 days.

Official post: https://t.co/QYiEu1BbfG

SAFU is their user protection fund — meant to cover hacks or failures. But here's the thing: This "pledge" isn't sending money out to help distressed projects or everyday crypto users. It's just reallocating Binance's own reserves from stablecoins to BTC. No external aid, no industry-wide bailout. It's all staying in-house, beefing up their treasury while they buy BTC on the cheap.

And talk about convenient timing...

The announcement drops on January 30, 2026. Within days, Bitcoin starts crashing even lower — tumbling below $63,000 by February 5th, its worst levels since late 2024, down over 40% from October peaks. We're talking one of the steepest drawdowns since the FTX era. Perfect for scooping up discounted BTC to fill those reserves, right?

So far in this SAFU move: Roughly $200 million worth of BTC purchased and moved into SAFU (publicly visible), but the pattern feels eerily familiar.

Here’s the kicker most people miss:

If that $985 million sitting in the IRI wallet in March 2023 had genuinely been converted into a basket of BTC, ETH, and BNB back then (as CZ said it would)…At today’s prices, that position would likely be worth well over $2 billion — maybe closer to $2.3–2.5B depending on the exact split.

Instead of helping the industry recover, that money sat inside Binance…and would have quietly turned into one of the best-performing treasury plays of the cycle.

Big number announced.

Tiny amount delivered.

Rest quietly absorbed.

Repeat when PR is needed, especially when prices crash and they can buy low.

That’s the story.

[Selectamatic @selectamatic]

https://t.co/KTgTYUeIXE

[Henrik @Henrik_on_HL]

There‘s no second best

> $5.2M in HYPE burns today

[✌️Hypio✌️ @HypioHL]

Hyperliquid is technically better at being what Solana is than Solana, better at being an exchange than Binance and Coinbase are, better at being a payments layer than Tron is. Arguably better tokenomics and store of value than Bitcoin is.

It will probably be better at being a home for AI agents than ETH is since their new pivot too

The ATEHUNDRED vision is thinking small

It’s time to start asking, if ETH with no moat and no revenue can be four digits, why can’t $HYPE.

HN