Ship | BSX ⏳
@0xShip_
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@bsx_labs ⏳’s reply guy | perpetually online
Joined April 2015
They’re not traders, nor are they supposed to be. And I would argue selling is actually a healthy behavior. It reduces foundation ownership and makes the network more decentralized. The alternative could be worse: normal tradfi companies can issue unlimited shares to raise
Why doesn't the foundation sell covered calls? Ensures they only get exercised when eth pumps and everyone is celebrating so no one gets mad
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As a delta-neutral fund, we farm funding rates across most markets, so we also had positions in the pre-market of $XPL (Plasma). Our strategy was to short $XPL on Hyperliquid with isolated margin and a liquidation level about 2.1x above the entry price of $0.6, while going long
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"wasn't expecting that"
It was not Justin Sun, but @Techno_Revenant who made over $38M in less than 20 minutes yesterday on XPL on Hyperliquid. (He posted a tweet 1 hour after the event, which has now been deleted: https://t.co/7zxjhnaQ3u) Between 21:36:05 and 21:51:27, he longed 9,420,787 XPL (worth
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@VannaCharmer @SplitCapital this price action is a reminder of why the pre-market is able to trade so high > no spot supply - the only counterbalance to buying pressure is short sellers (naturally less of these than conventional spot sellers) > isolated margin squeeze risk - on HL the pre-market hyperps
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Funny how absolutely no one questions Hyperliquid’s mechanics here for pre-launch tokens and illiquid pairs (oracle design, size limits, etc). If this happened on any other exchange, you’d see a mob demanding refunds on the timeline. At worst, people could say someone
🚩 This situation is a red flag for Ventuals & most HIP-3 markets: Since pre-IPO stocks are private, traders don’t have access to the underlying spot to cover margin if liquidation is near. That means a whale could enter with aggressive market orders, trigger liquidations,
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Last cycle, L1 foundations offloaded bags onto big TradFi players like Tiger. This cycle, DATs neatly package them up and send them straight to retail stock investors
DATs are one of the worst ponzis this cycle bc they create leveraged exit liquidity for shitter foundations who sell locked & ever-inflating bags to retail and the PIPES who invest in them. For the most part, it’s predatory and extractive….and the market is starting to sniff it
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very nice of certain individual decided to block me so I cant respond when fudding my own project. Here is the response anyways: -- Right, where is the “pulling liquidity” or “dumping” in the message you’re talking about? We pay and follow our market maker’s instructions - we
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let me understand I put $1,000 into ETH today. if ETH goes to $9k I make $1000? yah ok. nobody will get rich. lol Unless
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Supercycle ($BSX, BASE)
BITCOIN ALL TIME HIGH NOW ETHEREUM ALL TIME HIGH TOMORROW HYPERLIQUID ALL TIME HIGH NEXT WEEK SOLANA ALL TIME HIGH NEXT MONTH
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People like to use “fundamentals” to reasonate why number goes up But no, all you need are great salemen with an infinite war chest to bid Simple as Higher
eth didnt just start ripping because it was magically time and the fundamentals got better or something over 2 yr underperformance tom lee, cathie, and crew began the manic bid narrative, and they, especially tom, are great salesmen. simple as think many getting caught in the
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W take
taking profits is also a part of the game of crypto if you wouldn't buy at those prices why should you hold at those price?
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2021: NFT meta 2025: Corp L1 meta
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💻🔫💵🫰
🏆 Higher Trading Competition – $10,000 Prize Pool 📅 Duration: 18–31 August ⤴️ Sign up: https://t.co/yr6WhuPo8A Calling the most notorious degens on Base. Join the battlefield where every elite degen and skilled trader starts from the same ground. 💰End with the biggest bag to
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