Hyperliquid (HYPE)

10 days ago we said hype’s real risk was the calendar.

$678m. 9.92m tokens. unlocks tomorrow.

now there’s a second thing on the calendar.

singapore’s central bank added hyperliquid to its investor alert list. june 26.

not a ban. not enforcement. hyperliquid even said “we never claimed to be licensed.” bybit’s on the same list and it’s still standing.

but being on that list has never once read as a positive. in a major financial hub, it’s a reputation shadow.

here’s the non-obvious part:

the same day MAS posted the warning same day grayscale staked $115m into hype.

singapore: “unlicensed, be careful.” wall street: “buying, staking.”

same asset. same day. opposite reads.

the revenue is real. $871m annualized. 59% of all defi perp oi. an aggressive buyback. none of that changed. hype is an actual business.

but $678m of supply unlocks tomorrow. the team has consistently claimed under the max 4.55m out of a possible 10m. so the full sell might never hit.

problem is, risk management doesn’t run on “might never.”

the next 24 hours aren’t about price. they’re about headlines.

eyes open.

Current portfolio/market reads:

- hyperliquid:native holding structure very strong. Incredibly bullish on HTFs. Expecting ATHs.
- ethereum:0x232ce3bd40fcd6f80f3d55a522d03f25df784ee2 breakout to $2+ and higher is destined. Some big things coming down the pipe.
- near:native looks good and fundamentals only improving. Thesis intact.
- zcash:native is just going to consolidate and shake everyone out before the mega send. Whale friends of mine are accumulating behind the scenes.
- aerodrome-finance:native is ready to make an explosive move into July launch of Aero on Eth mainnet.
- ethereum:0xa12cc123ba206d4031d1c7f6223d1c2ec249f4f3 confidential vault launch with Morpho has been a success. Great fundamentals and biz. Sleeper.
- base:0xacfe6019ed1a7dc6f7b508c02d1b04ec88cc21bf nothing to add here. Consolidate and then go higher.

Want to add if we get a turning of the tides/better entries:

solana:jtojtomepa8beP8AuQc6eXt5FriJwfFMwQx2v2f9mCL
$veNEST
solana:So11111111111111111111111111111111111111112
ethereum:0x58d97b57bb95320f9a05dc918aef65434969c2b2
ethereum:0x56072c95faa701256059aa122697b133aded9279
solana:pumpCmXqMfrsAkQ5r49WcJnRayYRqmXz6ae8H7H9Dfn

Mostly fundamentals driven swing trading/longer-term entries right now. I'm not too worried about BTC breaking down imminently.

Its possible, but gut says we get a nice summer lull bounce.

$HYPE

Still trading around this local flip / trouble zone.

~ I think a larger move is loading, let’s see👀👀 https://t.co/loZ3UwOO5W