$HYPE dropped 11% in the last 4 hours, erasing over $1.5 billion in market cap and liquidating $12 million in longs.



The reason for this dump is likely sudden crash in Bitcoin and Arthur Hayes saying he fully dumped his $HYPE position.
HYPE-10.05%
BTC-5.54%
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GateUser-84f1f85d
· 2h ago
mbg Mas Bahlil is handsome, what fruit is the sweetest? buahlil
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SudoSoul
· 3h ago
Short-term traders won't be able to sleep tonight
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TvlAt3A.m.
· 4h ago
$HYPE This wave of volatility is truly a confirmed casino.
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EvenRocksNeedLiquidity
· 4h ago
BTC drops causing a market-wide crash, HYPE is just unlucky to follow along
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FlamingoFacingJudgment
· 4h ago
Just about to buy the dip, but seeing Hayes liquidate his holdings, I chickened out again.
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Half-MeltedIceCreamUnderThe
· 4h ago
12M longs are buried, sympathize with those brothers using high leverage
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OldBlackVelvetKey
· 4h ago
This liquidity, whales smashing the sell button can't keep up at all
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CraterLiquidity
· 4h ago
Arthur's one sentence wiped out 1.5 billion in market value; his influence is still significant.
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