#我的Gate交易时刻 What I’m watching isn’t coins, it’s Wall Street’s FOMO.

To say the biggest trade that made me almost break my leg and narrowly escape this year is $HYPE.
This thing is no longer just a simple coin; it’s fighting for traditional exchanges’ market share.
On the day SpaceX IPO launched, the traditional markets were chaotic, but the pre-IPO contract volume on Hyperliquid hit $1.2 billion, with prices tightly aligned with the opening price.
At that moment, I knew the narrative had changed — it’s not a clone coin, it’s on-chain Nasdaq.
My move:
June 15th, HYPE rose from 65.7 to 73.4, breaking out with high volume, Vol/MC ratio hit 8.5%.
I bought around 72.8-73.4, with a stop-loss set at 66.0.
The logic is simple:
1. ETF funds are hitting a hard cap. Wall Street poured $161 million into the HYPE ETF in a month, with almost zero redemptions.
This isn’t speculation; it’s treating HYPE as a high-growth exchange stock in a portfolio.
2. The buyback flywheel is spinning. The platform burns 97-99% of fees through buybacks, totaling over $1.1 billion burned so far.
Supply is visibly decreasing.
3. Only 3% away from ATH. Once it breaks through 75.5, it’s price discovery — a vacuum up to 85-90 above.
Of course, the concern is unlocking sell pressure and BTC correction.
But I bet that: continuous ETF buying + buyback flywheel > short-term profit-taking.
Currently holding a floating profit, with the first target at 80, second at 90, and a trailing stop to protect capital.
This trade made me realize: in 2026, follow the cash flow and Wall Street’s order flow.
HYPE is that fierce player that’s grabbing the RWA pricing power onto the chain.