#HYPEPerpsHitRecord

🎖️ Arthur Hayes vs $HYPE After reports claimed a wallet linked to Arthur Hayes bought back $2.09M worth of $HYPE, Hayes quickly shut down the rumors: 🗣️ "I didn't buy shit." Just days ago, Hayes revealed he sold his entire $HYPE position above $72 before the token plunged below $56. Despite the selloff, $HYPE has staged an impressive comeback, recovering roughly 50% of the decline and trading near $63. The question now: was Hayes right to exit, or is $HYPE gearing up for another leg higher? 👀 #HYPEPerpsHitRecord

LATEST: Arthur Hayes says Hyperliquid’s fee-driven HYPE buyback model could face pressure as TradFi exchanges and major crypto venues move into the perp market. $HYPE

Arthur Hayes vs $HYPE After reports claimed a wallet linked to Arthur Hayes bought back $2.09M worth of $HYPE, Hayes quickly shut down the rumors: 🗣️ "I didn't buy shit." Just days ago, Hayes revealed he sold his entire $HYPE position above $72 before the token plunged below $56. Despite the selloff, $HYPE has staged an impressive comeback, recovering roughly 50% of the decline and trading near $63. The question now: was Hayes right to exit, or is $HYPE gearing up for another leg higher? 👀 #HYPEPerpsHitRecord

#HYPEPerpsHitRecord HYPERLIQUID IS WINNING THE MARKET... BUT LOSING MOMENTUM? On one side, the numbers have never looked stronger. Hyperliquid's share of the perpetual futures market has climbed to a record 8%. Institutional interest continues to grow. The HYPE ETF attracted nearly $150 million within days of launch. Even more remarkable? According to Grayscale, much of that capital isn't rotating out of Bitcoin. It's coming from investors who are completely new to crypto. This is exactly the kind of adoption every protocol dreams of. But while the fundamentals are getting stronger... The price is telling a different story. Since reaching all-time highs, HYPE has started to pull back. ZachXBT claims Arthur Hayes exited his HYPE position in early June without publicly signaling followers. Galaxy Digital unstaked 1 million HYPE and moved 500,000 tokens toward exchanges. Selling pressure has begun appearing at higher levels. And that's where things get interesting. User growth is rising. Market share is expanding. Institutional products are attracting fresh capital. Yet... Price action is weakening. Momentum is slowing. Sellers are becoming more active. The market is currently caught between two competing narratives: The long-term story has never been stronger. The short-term chart has never looked more vulnerable. Sometimes the biggest opportunities appear when fundamentals and price action move in opposite directions. The question now is simple: Is this just a healthy correction before the next leg higher... Or the first warning sign that expectations have run ahead of reality? For HYPE, the battle is no longer about adoption. It's about whether the chart can eventually catch up with the story. $BTC $ETH $HYPE

Market Update 🧵 🔹 $HYPE is down 22.6% from its all-time high following last week's local top debate. Despite the pullback, fundamentals remain strong with $75.3M in monthly fees generated (+27.1% MoM) and $60.1M distributed back to holders. The core thesis remains intact. 🔹 $AAVE continues testing the BTC Babylon vault as governance discussions progress. rsETH has been fully restored, while AAVE remains 90.5% below its ATH. 🔹 $PENDLE is still positioned around the potential CLARITY Act catalyst expected on July 4. Fixed-yield infrastructure continues to strengthen, with sPENDLE staking rising from 20% to 57.9% since January. Currently 83.3% below ATH. 🔹 $ONDO offers exposure to the same CLARITY Act narrative through tokenized financial infrastructure. Trading 83.7% below ATH. 🔹 $INJ has seen renewed attention as the tokenized IPO narrative gains momentum. It became the first Layer 1 to announce regulated tokenized assets, IPOs, and on-chain equities. 🔹 $RAIL is down 52.5% from ATH. Privacy-sector sentiment weakened after a critical Orchard Pool bug was disclosed in ZEC, while Arthur Hayes reportedly exited his position. 🔹 $ETHFI continues showing operational growth with 70K active cards, $2M in daily card spending, and ongoing buybacks. Despite this, it still trades as a restaking protocol and sits 96.5% below ATH. ⚠️ Token Unlocks This Week • $RAIN: $686.2M unlocking (8.3% of circulating supply) — the largest unlock of the week. • $ME: $10.2M unlocking (30.74% of circulating supply) — nearly one-third of the current float. • $WLD: $19.2M unlocking (1.17% of supply). • $PUMP: $15.1M unlocking (2.86% of supply). • $TRUMP: $10.3M unlocking (2.66% of supply). 📊 Macro Focus Wednesday's CPI release is the key event for markets. Last week's NFP report significantly exceeded expectations, reinforcing concerns that inflation may remain sticky. With the 10-year yield at 4.71% and the 30-year above 5%, a hotter-than-expected CPI print could push rate-cut expectations further out and pressure risk assets. All eyes now shift toward CPI and the June 16–17

Title: Market Week Ahead — Unlock Pressure Meets Macro Catalysts A significant ~$858M in token unlocks is scheduled this week, more than doubling last week’s $345M, creating a strong short-term supply headwind across several assets 📉 🔥 Macro Focus: CPI + Yields Steering Risk Sentiment Markets are focused on Wednesday’s CPI release at 8:30 AM ET, the key macro event of the week. Stronger-than-expected US jobs data last Friday (172K vs 80K forecast) pushed yields higher, with the 10-year hitting 4.71% and the 30-year crossing 5%. If CPI comes in hotter than expected, it could quickly shift expectations around rate cuts and directly pressure risk assets. Bitcoin’s reaction around the data release is likely to set the tone for broader market direction ⚡ The upcoming FOMC meeting (June 16–17) remains the next major macro checkpoint. 📉 Major Token Unlocks Adding Supply Pressure $RAIN: $686.2M unlock (8.3% of supply) — largest of the week, with no revenue to absorb dilution $M (Magic Eden): $10.2M (30.74% supply) — highly dilutive event $WLD: $19.2M (1.17%) — ongoing concerns about momentum $PUMP : $15.1M (2.86%) $TRUMP : $10.3M (2.66%) — no clear revenue offset 🚀 Key Thesis Trades Still in Play $HYPE : Down ~22.6% from ATH but still producing strong fundamentals with ~$75.3M monthly fees (+27.1% MoM) and ~$60.1M returned to holders $AAVE: Governance activity around BTC Babylon vault; rsETH fully restored; ~-90.5% from ATH $PENDLE: Benefiting from CLARITY Act narrative; staking rising from 20% → 57.9% since January; ~-83.3% from ATH $ONDO : Aligned with regulatory infrastructure themes; ~-83.7% from ATH $INJ: Strong momentum around tokenized IPOs and on-chain equities, gaining attention this week $RAIL: Under pressure after ZEC Orchard Pool vulnerability news; Hayes fully exited; ~-52.5% from ATH $ETHFI: Growing real-world usage (70K cards, $2M daily spend, ongoing buybacks) despite ~-96.5% drawdown from ATH What other positions or narratives are set to move with this week’s volatility? #HayesShillAndDump #KOSPICircuitBreaker

$HYPE is down 22.6% from its ATH after the local peak debate last week. Still generating $75.3M in fees this month, up 27.1% month-over-month, with $60.1M returned to holders. Thesis remains unchanged. $AAVE is temporarily testing the BTC Babylon vault, which is still processing through governance. rsETH has been fully restored. Currently 90.5% below ATH. $PENDLE is still targeting the CLARITY Act signing on July 4. Fixed yield infrastructure remains strong, with sPENDLE staking up from 20% to 57.9% since January. 83.3% below ATH. $ONDO trades the same CLARITY Act narrative at the infrastructure layer. 83.7% below ATH. $INJ sees the tokenized IPO access narrative surge 9x on CT this week. It is the first L1 to announce regulated tokenized assets, IPOs, and on-chain equities. $RAIL is down 52.5% from ATH. ZEC dropped this week after a critical Orchard Pool bug was discovered, existing since 2022, with Arthur Hayes selling his entire position. $ETHFI has 70k active cards, $2M in daily card spend, and buybacks happening daily. Still being valued like a restaking protocol at 96.5% below ATH. $RAIN unlocks $686.2M this week, representing 8.3% of circulating supply. The single largest unlock on this list by a wide margin, with no protocol foundation to absorb it. $ME (Magic Eden) unlocks $10.2M, representing 30.74% of circulating supply. The biggest impact on circulating supply this week, nearly one-third of the float in seven days. $WLD unlocks $19.2M, representing 1.17% of circulating supply. Still no product updates from my side. $PUMP unlocks $15.1M, representing 2.86% of circulating supply. $TRUMP unlocks $10.3M, representing 2.66% of circulating supply. No protocol foundation to absorb. Macro CPI on Wednesday at 8:30 AM ET is the main event. Last Friday's NFP report came in at 172k vs 80k expected. The 10-year yield is at 4.71%, the 30-year is above 5%. A hot CPI shifts rate cut expectations and directly impacts risk assets. FOMC on June 16-17 with Wa...

#HayesShillAndDump Here's your Crypto Watchlist for the Week: $HYPE - Pulled back to -22.6% ATH after last week's local top debate played out. Still generating $75.3M in fees this month, up 27.1% MoM, with $60.1M returned to holders. The thesis hasn't changed. $AAVE - Babylon BTC vault temp check still moving through governance. rsETH fully restored. -90.5% ATH. $PENDLE - CLARITY Act July 4 signing target unchanged. Fixed-rate yield infrastructure, sPENDLE staking 20% to 57.9% since January. -83.3% ATH. $ONDO - Same CLARITY Act trade at the infrastructure layer. -83.7% ATH. $INJ - tokenized IPO access narrative up 9x on CT this week. First L1 to announce regulated tokenized assets, IPOs, and equities onchain. $RAIL - Down to -52.5% ATH. ZEC dropped this week after a critical Orchard Pool counterfeiting bug was disclosed, present since 2022, with Arthur Hayes selling his entire position. $ETHFI - 70K active cards, $2M in daily card spend, buybacks running daily, still priced as a restaking protocol at -96.5% ATH. $RAIN - $686.2M unlock this week, 8.3% of float. Largest single unlock on this list by a wide margin. No protocol fundamentals to absorb it. $ME (Magic Eden) - $10.2M unlock, 30.74% of float. Highest float impact on the list. Nearly a third of the circulating supply in one week. $WLD - $19.2M unlock, 1.17% of float, and I still haven't seen a product update. $PUMP - $15.1M unlock, 2.86% of float. $TRUMP - $10.3M unlock, 2.66% of float. No protocol fundamentals to absorb it. Macro - CPI Wednesday 8:30am ET is the main event. Last Friday's NFP came in 172K vs 80K expected, 10Y yield now at 4.71%, 30Y above 5%. Hot CPI print reprices rate cut expectations and hits risk assets directly. FOMC June 16-17 with Warsh presiding is the second read. Watch BTC at open Wednesday for the risk-on/risk-off signal. ~$858M in total supply unlocking this week. Last week was $345M. What am I missing this week? #HayesShillAndDump #HYPEPerpsHitRecord

🚨 HYPE Perps Volume Explodes $HYPE perp markets just printed record trading volume, as derivatives activity continues to accelerate across crypto. --- 📊 What’s happening • Open interest rising with price expansion • Volume at all-time highs in perps • Strong directional bias = aggressive positioning • Momentum traders fully engaged --- ⚡ Market read This isn’t just spot strength anymore. It’s a leverage-driven momentum phase where: • inflows → OI expansion • OI expansion → volatility spikes • volatility → faster rotation of capital --- 🧠 Key takeaway When perps hit record volume: ➡️ trend strength increases ➡️ but so does liquidation risk --- 📌 Simple truth Strong trend… fragile positioning underneath. #DailyOrbit

🚀 HYPE Perps hit a new all-time high in trading volume, reflecting strong bullish momentum across the crypto derivatives market. With HYPE recently setting fresh highs and open interest continuing to rise, market participants are closely monitoring whether this strength can fuel the next major breakout and drive further ecosystem growth. #HayesShillAndDump #CoinMoveAlert