🕵️ #HYPE The crazy squeeze caused Hyperliquidity Provider (HLP) to lose ~$12M in the past 24 hours

"0xde95" shorted #JELLY on Hyperliquid and removed the margin, causing HLP to passively liquidate $4.5M short positions.

A newly created wallet "0x20e8" opened a long position on Hyperliquid, and the current unrealized profit is over $8.2M.

2cnd time now. Why not just lock withdrawing margin while being in a position.
For me: mistakes are ok. Not learning from them isn‘t

HL vs Binance

💸👀 #HYPE Parsec: Within hours of the #Jelly incident, net outflows from Hyperliquid reached 140 million USDC.

Over the past 30 days, Hyperliquid's USDC balance has shrunk from about $2.5 billion to $2.07 billion.

Same Bearflag on $BTC just with a larger pump than ETH recently.
Looking shaky here.

Pierced support today but reclaimed the range.
Further waiting for now…

2cnd day in a row crypto outperforms the SPX.
Maybe something? Probably not but who knows

JUST IN: 🇺🇸 President Trump to announce new pharmaceutical tariffs.

@WatcherGuru

He will keep going for a while until he can‘t

$ETH

🔴 #ETH Liquidated Long: $12.6M at $1801.95

After this bearflag breakdown we must hold 79-80k range or it gets very disgusting again.

So far, golden pocket held - which is very good. Selling has slowed over the weekend. Like always for the past months: watchout for SPX moves

There are two bullish things right now:
1. BTC retraced the magical 30% number. Which usually is the bottom on bullruns.
2. Moonboys like this dude are turning bearish.

I mean look at the market. It was bearish for months now, the majority of alts lost all of their gains and even more and now they turn bearish?

Unfortunately, BTC and SPX have much more potential downside. This is what concerns me the most.
The money printing on the contrary is very bullish along with Gold pumping like crazy.

JUST IN: Michael Saylor's 'Strategy' buys 22,048 Bitcoin worth $1.92 billion.

@WatcherGuru

Not good

SPX might go to 5200 next if we can't hold current levels