Trader 0xde42 is slowly closing their 140K $HYPE ($3.5M) short via bids for a profit of over $150K! Hopefully shorts stop getting a free ride soon, and start getting punished for being a late shorter
Whale 0xBd8c has started to close their MASSIVE 1M $HYPE ($25M) long for a loss. With them already selling \~550k hype in the past 4 hours ($14M) realizing over $3M loss from the trade so far. Looks like they will fully close their longs!
Unit is basically the AF2. They are buying 5K HYPE ($127K), funded by selling the fees they've earned on spot tokens. \>Build a profitable business \>Buy hype with the fees \>Stake all the hype Hyperunit Hyperliquid
The real stablecoin flippening on hyperliquid has occurred! USDH\>USDE The higher the @nativemarkets $USDH supply goes, the higher the funds for HYPE buybacks gets.