A $440M whale position on hyperliquid is nothing but manipulation.
It’s funny how easy it is to make people sell their bags just because something is done publicly.
His margin is only $12M - trades like this happen EVERY HOUR on CEXs.
But no one sees them or tracks them, so they assume they don’t exist.
This public trade could be hedged on another CEX, bought back from other wallets, or leveraged in hundreds of ways to profit from the manipulation.
It’s just FUD, it's INTENTIONALLY made public.
Market will start going up when you stop pissing your pants over every overblown headline.
THE PUSSY INDEX IS OFF THE CHARTS RIGHT NOW.