Tonight's hype hunting across the entire network is too exciting.


The logic of the matter is actually very simple.
Hype liquidation vulnerability exploited — Someone intentionally forced a liquidation — Hype was forced to take over short positions — The whole network buys and goes long on JellyJelly — Hype treasury facing a run — Liquidation prices getting lower — BN on contracts — Continuing to pump — Hype closes positions and rolls back
Hype doesn't lose, exchanges make money, retail investors stand guard, contracts go to zero.
HYPE4,17%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin