This person shorted $25M worth of Aster over the past 30 minutes on Hyperliquid, pushing funding down to -0.1667% (-1400% annualized). He keeps placing sell orders around 1.1841 to short millions more. Not sure what’s going on or if he’s just running a neutral book. Funding on Binance is flat.
https://hypurrscan.io/address/0x9eec98d048d06d9cd75318fffa3f3960e081daab
https://hypurrscan.io/address/0x9eec98d048d06d9cd75318fffa3f3960e081daab
Some really interesting answers from Cobie in this thread:
https://x.com/ZeMirch/status/1985204959789355035?t=EUDIm-Xix7wdPbOAJK1CuQ&s=19
https://x.com/ZeMirch/status/1985204959789355035?t=EUDIm-Xix7wdPbOAJK1CuQ&s=19
no point in pretending we are a decentralized industry.
IMO ok to halt
https://x.com/DegenerateNews/status/1985289182495801783
IMO ok to halt
https://x.com/DegenerateNews/status/1985289182495801783
X (formerly Twitter)
DEGEN NEWS (@DegenerateNews) on X
BREAKING: @berachain SAYS "THE BERACHAIN VALIDATORS HAVE COORDINATED TO PURPOSEFULLY HALT THE BERACHAIN NETWORK AS THE CORE TEAM PERFORMS AN EMERGENCY HARD FORK TO ADDRESS BALANCER V2 RELATED EXPLOITS ON THE BEX"
The longest bull market after a bitcoin halving was 546 days.
—> We're on day 562.
The longest bull market from the bottom in 2018 to the top in 2021 was 1,047 days.
—> We're on day 1,078.
Doesn't have to mean anything, but if history repeats...
—> We're on day 562.
The longest bull market from the bottom in 2018 to the top in 2021 was 1,047 days.
—> We're on day 1,078.
Doesn't have to mean anything, but if history repeats...