Every Morning You have Two Choices: continue to Sleep with Your Dreams or Wake Up and Chase them .
Joined October 2024
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₿KR retweeted
In the 8 minutes before XPL dropped 18% today, 11 Hyperliquid accounts pulled $1.62M of margin out of their XPL longs.
Then they let the $12M position get liquidated into HLP at mark price.
HLP ate ~$0.6M.
Fresh accounts funded via CCTP. Test withdrawals 20-50 min before. 7 rejected withdrawals while scraping the margin to the limit. $0 left after.
Looks planned. Whether the same operator was short on Binance, I can't see.
Timeline (Nov 1, UTC) 👇
Oct 29-31
9 of the 10 largest accounts are created, each funded once via CCTP with $145k-$243k. On Hyperliquid the sender only shows as Circle's deposit wallet.
03:45-04:15
10 of the 11 make test withdrawals of $500-$1.6k.
04:24-04:32
10 accounts withdraw $98k-$232k each, $1.62M total.
7 more attempts get rejected: "Insufficient balance for withdrawal".
Every dollar the margin check allows comes out. The longs stay open.
04:32
XPL -18% in 1 minute, 0.086 to 0.0705.
$11.2M (144M XPL) trades on Binance perps in that minute.
Hyperliquid itself barely trades.
04:32:50-04:32:59
All 11 get liquidated into the HLP backstop vault, plus 19 small accounts.
160M XPL / $12.2M taken over at avg 0.0759, in a minute that printed a 0.0705 low.
After
All 11 accounts: $0.
Backstop vault: $1.00M to $0.44M while unwinding.
HLP daily PnL: +$21k to -$655k (~0.4% of the vault).
Why it works
Dumping $12M of XPL into the HL book would wreck your own exit.
Drain the margin first, and a small move is enough to trigger liquidation.
Liquidation hands the whole position to HLP at mark with zero slippage. HLP eats the drop after.
Same playbook as the Mar 2025 ETH whale that cost HLP $4M.
If they were also short on Binance, the crash itself was the profit.
Addresses + fills in the reply.
$HYPE $XPL
Someone claims Binance is giving every user $150 as compensation after the $6.3B hack.
Let's do some math.
300 million users × $150 = $45 BILLION.
That's 7x the amount stolen.
Imagine getting hacked for $6.3B and somehow ending up with a $45B compensation bill. 😭
Crypto never runs out of entertainment.
@binance
🚨 Binance $150 Compensation Reward Is Rolling Out! ❤️
Good news for Binance users! You can now withdraw your assets, and Binance has started rolling out a $150 compensation reward for users affected by the withdrawal suspension.
🔥 How To Claim:
- Open your Binance app.
- Go to the Reward Hub.
- Check the Ongoing Tasks section.
- Look for “$150 Binance Compensation For Withdrawal Suspension”.
- Tap Go and follow the instructions to claim your reward.
📢 Important:
- Rewards are rolling out gradually.
-Not every user may see this offer yet.
- Check your Reward Hub regularly if it’s not available.
Don’t miss it! Check your Binance account now. 👀
How cruel a trendline can be !
Watch out $XPL case , 8 rejections in a row with a single mitigation bounce , meanwhile hit 2 trades , despite current shit pa , I looking for the 3 one in the row .
$XPL
The most hated coin on my tl right now. Yea jt didn't meet our expectations, I also mentioned this was the trade which gave the headache throughout the month, PA was shitty.
But managed to get +50% on 2 positions, ( both shared with you) .
Terrible if you were trying to catch it with high leverages , there's something called SpOt , buy and hold .
Will again a buyer looking for something like this .
$BTC
Sentiments are as worse at the moment on timeline as we are at lower 60s again .
Bears literally got +6 months at 60s to breakdown but they couldn't, conditions were far better for them at that time then now , Michael selling, quantum fud bla bla ...
On WEEKLY we have shifted the structure by pushing a HH at 87k , mean area between HH & HL is for buying not scaring.
If we look at 2022 Bear market bottom we will get insane similarities, Just keep in mind , the asset is getting Mature day by day ,
In 2022 we dropped -77% to mark the bottom and this time we did it with -54% drop , At some point they will be not these crazy ups & downs anymore.
Know your invalidation point before entering a trade.
Don't turn a scalp into a swing just because price drops below your average entry. If the setup is invalidated, respect your stop. Your buying price doesn't change the market structure.
The same goes the other way. Don't rush to secure swing profits just because price makes a quick scalp move in your favour.
Have the conviction to hold when your setup is valid and the discipline to exit when it's not.
Develop some balls. Trade your plan, not your emotions.
~BKR
$BTC $ETH $HYPE
