I don't understand why @tradexyz choose to launch a Pre-IPO perp based on per share price, not FDV.
Yes, it is easier to understand for some people. But you introduce a non-negligible chance to fuck everybody up.
What happens if SpaceX decides to do an 1:10 split next month. I don't think Elon Muskc cares about fucking you up if he thinks that's funny.
.@tradexyz IPOP $SPCX starts at ~$150 with 11.87B shares (~$1.78T valuation).
I’ve never seen these numbers anywhere publicly. TradFi secondary markets imply the same valuation with shares trading closer to ~$740.
Either TradeXYZ made the numbers up… or they’ve got direct IPO connections. DYOR.
Wouldn’t wanna be short $HYPE here.
Colasama retweeted
Good thing we don't have a $STRC onchain derivative "stablecoin" passing this risk down to everyone in Defi, which also happens to be $STRC biggest holder
oh wait
This is the most blatantly obvious fool-proof no-noise signal of this cycle that got shoveled into your mouth.
If you are longing stuff, it is not a bad idea to derisk today, before your overleveraged ass got raped.
Colasama retweeted
Today we’re expanding our support for @HyperliquidX by becoming the platform’s official treasury deployer of USDC.
Onchain markets operate 24/7 and require collateral that is always available, instantly transferable, and deeply liquid - USDC delivers exactly that.
Alongside this, we’ve also significantly increased our position of staked HYPE.
Colasama retweeted
Portfolio Margin is now on testnet, the feature that allows for spot tokens to be used as collateral for perps positions.
HYPE is confirmed to be an eligible collateral asset.
Hyperliquid
Colasama retweeted
$HYPE is now available to trade on Robinhood.
Colasama retweeted
If @dschamis and Bobby diamond hands can raise the $1B in addition to the $300M they already have allocated to buy HYPE, that would mean they have enough ammo to buy 15% of the current circulating supply at today’s prices.
Hyperliquid
Colasama retweeted
boss
made u $20m in short profits
also ur spot bag lost $1B of value cuz of me aggrodunping
only down $980M today which isnt enuf to retire anyweis
Colasama retweeted
He also just moved 3K BTC ($335M) to Binance - just days after transferring 3K BTC to Coinbase and another 3K BTC to a separate wallet.
mempool.space/tx/f23e75ac86f…
The BTC whale shorted more and is now short 2000 BTC ($225M).
hypurrscan.io/address/0xb317…
Colasama retweeted
Celsius Network has officially sued me and thousands of innocent users in New York courts this week. Every single person & entity in crypto needs to be fighting alongside us against this bs. Because if we lose, it will affect every user of a cex.
We are every day people who used the platform as normal, not insiders, not bad actors, and because we happened to take our money off the platform 90 days before they declared bankruptcy they are trying to clawback all those funds plus more because they are suing for June 14, 2024 market rates, not 2022 rates. WTF!!
They are asking for outrageous sums of money, basically my entire net worth is what I'm being sued for, for doing absolutely nothing wrong.
At first I thought this was a scam and then some shakedown, but now that the suit is actually filed, I have to spend thousands to retain an attorney.
In addition, they have more than doubled the amount of money they are suing for because they changed the ask to current pricing of btc/eth vs originally asking for 2022 pricing. They are causing emotional turmoil, because they can. It's insanity.
The lawyers say they are going to give the money to other users of the platform and spread it around, but that's a fucking joke, those folks will get fractions of a penny on the dollar. All of this money will go into pockets of lawyers. This lawsuit will destroy the lives of thousands of innocent people.
Everyone in the industry needs to unite against this. We need to get this case tossed. @cobie
@GCRClassic @zachxbt @brian_armstrong @justinsuntron @jespow
These are the lawyers making everyone's life hell. Along with Cam Crews of the Celsius LOC.
Colasama retweeted
Don’t know how many more times I can read out of touch takes like “you don’t deserve free money” with airdrops.
It’s not FREE!
Users risk their liquidity.
Liquidity powers the protocol.
It legitimizes protocols.
It attracts users.
Airdrops are the cost of doing business.
Colasama retweeted
please make fundamental statistics literacy a high school graduation requirement. thank you.
































