YH || dms open
Joined March 2013
- Tweets2.7K
- Following2K
- Followers2.2K
- Likes5.2K
lolmode retweeted
When I was in Singapore for Token2049 a few years back, one of the most powerful phrases I learnt from the locals was:
“Fuck lah just buy the cheebye sohai dip scared what scared.”
Interesting conglomeration of words.
happy ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 ATH to the believers
spot and chill remains undefeated and hedging with more perps longs
texas hedge
lolmode retweeted
its not hyperliquid vs lighter
its hyperliquid and lighter vs the drifts of the world
lolmode retweeted
imagine being a commodities desk trader watching 9 fig gold shorts hit the tape and scrambling to figure out if a central bank is dumping reserves
only to realize that X user Mk4_lul fat-fingered a trade on hyperliquid
Mk4 (@mk4_lul) made an expensive mistake this morning.
He was only long a few hundred thousand dollars worth of GOLD on Hyperliquid and started a TWAP intended to reduce the position using “reduce only.”
However, he accidentally started a TWAP to short 24K GOLD ($109M) over the next 50 minutes, of which 17.6K GOLD ($80M) was filled before he realized the mistake and terminated the twap.
In the 10 minutes after the TWAP began, gold declined ~0.3%, while the Hyperliquid market saw a sharper ~0.5% move lower.
He then proceeded to TWAP buy back the short position over the following 2–4 hours, which is still ongoing.
He lost approximately $400K due to the mistake.
hypurrscan.io/address/0x7737…
lolmode retweeted
"You don’t get rich by diversifying into 50 mediocre assets. You get rich by finding 2 or 3 asymmetric home runs."
— Stanley Druckenmiller
heard that the unlocked pool was insanely competitive so thankful for my allocation
also MegaEth is the most egalitarian thing we’ve ever seen. It’s insanely ambitious and since it works, it can really reshape the fabric of society.
lolmode retweeted
minted my Fluffle 🤝
excited to see what @megaeth builds
lolmode retweeted
MOST INVESTORS HAVE ZERO ALLOCATION TO CRYPTO: BANK OF AMERICA
Bank of America’s September survey shows 67% of fund managers hold no crypto. Only small fractions allocate 2% (3%), 4% (3%), or 8%+ (1%). The average allocation is just 0.4%. Overall, 84% haven’t started structural crypto investments, while only 8% have.
lolmode retweeted
They’re creating a Structural Infinite Bid on assets with a fixed supply, telling you they are going to do it before it occurs, and you’re holding…. Cash???
