Jeff is my prime brokerage for when i become a billionaire. for now, just for my $THBILL
So, a whale wakes up and decides to sell $1B worth of Bitcoin in 2 days by himself (no market maker, no sophisticated execution) publicly on Hyperliquid and the price barely moves. Maybe Jeff was right? Maybe prices actually hold up better when large trades happen publicly like this? It also makes you wonder: what would have happened to price action if this sell had been announced weeks in advance and amplified by influencers and social media? I’m pretty sure the market would have dumped much. Hyperliquid
1.81K
14
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.