𝙋𝘼𝙉𝙄𝘾 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
𝙋𝘼𝙉𝙄𝘾 retweeted
As it turns out, crypto being regulated and supported by governments might be a better outcome than running away from them.
Years of decentralization theatrics, not your keys, not your crypto, hardware wallets, governance, etc mean very little when customers / businesses keep losing money to hackers / scammers.
Being able to freeze hacked or stolen funds, recover assets, reverse txns and protect customers should be a feature, not something that goes against cryptos ethos. Obv a fine line between government overreach vs pure decentralization
At the end of the day, every time someone loses money, we risk losing that user forever. And the more users we churn, the lower the chances of crypto actually succeeding.
Decentralization still matters, but we likely spent too much time optimizing for it, e.g like thorchain or Tornado Cash, where bad actors can take far more advantage of permissionless infra vs the avg user
While we spent far less time optimizing for customer centric features like trust, safety, fraud prevention, and recovery, which are arguably far more important for mass adoption.
𝙋𝘼𝙉𝙄𝘾 retweeted
I still remember the day Paul Tudor Jones came out and called Bitcoin the fastest horse in the race.
It was May 2020. Bitcoin was at $9k. That moment changed everything for Bitcoin.
PTJ's public call forever eliminated the career risk for hedge funds to buy BTC.
Bitcoin went on to 10x over the next year.
Druck investing in trade xyz is that moment for all of onchain capital markets.
The career risk for all funds to participate in onchain capital markets is now zero. "If druck is doing it, I can too"
I wouldn't be surprised to see onchain market volume 10x from here.
Welcome to the next stage of the bull market.
𝙋𝘼𝙉𝙄𝘾 retweeted
I am excited to be an investor in trade(xyz) as they partner with ICE to bring 24/7 perpetual futures on Hyperliquid to the United States. As a market participant, I am looking forward to to using their innovative product to enhance my investment process.
𝙋𝘼𝙉𝙄𝘾 retweeted
Kamino already has a commanding lead in tokenized equity deposits in the lending vertical.
First xStocks vault integration with Kraken, now Backpack integration.
Backpack is one of the leading tokenized equity issuers and also is expanding in the US markets to offer a compelling “everything exchange” that I imagine will leverage Solana similar to how Coinbase is leveraging Base and Robinhood with RH chain.
From where I’m standing, solana:KMNo3nJsBXfcpJTVhZcXLW7RmTwTt4GVFE7suUBo9sS is one of the purest bets on onchain tokenized equity growth and the best R/R. It is an issuer-agnostic marketplace.
Disclosure: Effort Cap unfortunately did not seed, but is long Kamino.
Introducing the Backpack Market on Kamino.
Kamino is expanding loans backed by tokenized equity on Solana with @Backpack Securities, bringing 1:1-backed, redeemable tokenized U.S.-listed equities directly into onchain credit markets.
𝙋𝘼𝙉𝙄𝘾 retweeted
No doubt a choppy market, but lots of budding strength in the long-tail while $BTC bleeds, suggests to me the market isn't losing its risk appetite, rather long-term oriented investors continue building positions in places where they see value. There's a formidable wall of worry out there, and if it's scaled (likely after midterms?), the results should be explosive.
𝙋𝘼𝙉𝙄𝘾 retweeted
Tag @blknoiz06 @Banks and @MarketBubble in the comments if you want to see us discuss future of Agentic Trading with the boys🔥🤖
winners of the clawpump x $ANSEM hackathon announced! has been cool to support builders in the ecosystem
𝙋𝘼𝙉𝙄𝘾 retweeted
winners of the clawpump x $ANSEM hackathon announced! has been cool to support builders in the ecosystem
The largest agentic hackathon ever just concluded.
$350K in cash, inference & token awards, operated by Clawpump, supported by @blknoiz06, @solana, @UsePodAI and @Pumpfun.
In one month: $50M+ in volume, $500K in creator fees paid out to 200+ builders, and the ecosystem's market cap up 3x to $74.26M.
When we started 7 months ago, devs bootstrapping a company from public markets was just an idea. Today, ClawPump is the largest agentic developer platform on Solana.
We would like to congratulate:
- @usehotbot, Agentic Swarm Trading. $20K USD & 30% of 0.1% ANSEM supply.
- @SelfMadebySP3ND, Compute GPU Vendor & RWA Gatcha. $20K USD & 30% of 0.1% ANSEM supply.
- @mystudiosfun, AI Influencer Video Generation. UsePod Track winner. $2.5K Cash, $10K Inference & 15% of 0.1 ANSEM supply.
• @Shin_StAItion - Agentic Privacy & Private x402 Payments. $2.5K Cash & 15% of 0.1 ANSEM supply.
This is just the start of our support to these teams. We'll keep backing them with investment, token management, and help turning them into generational products on Solana and beyond.
To every builder who joined: We'll keep supporting you. If you're talented and have an idea, come build with us. We'll help you with everything from launch to market fit.
This is just the beginning for the ClawPump ecosystem.
𝙋𝘼𝙉𝙄𝘾 retweeted
Are you paying attention yet?
The largest agentic hackathon ever just concluded.
$350K in cash, inference & token awards, operated by Clawpump, supported by @blknoiz06, @solana, @UsePodAI and @Pumpfun.
In one month: $50M+ in volume, $500K in creator fees paid out to 200+ builders, and the ecosystem's market cap up 3x to $74.26M.
When we started 7 months ago, devs bootstrapping a company from public markets was just an idea. Today, ClawPump is the largest agentic developer platform on Solana.
We would like to congratulate:
- @usehotbot, Agentic Swarm Trading. $20K USD & 30% of 0.1% ANSEM supply.
- @SelfMadebySP3ND, Compute GPU Vendor & RWA Gatcha. $20K USD & 30% of 0.1% ANSEM supply.
- @mystudiosfun, AI Influencer Video Generation. UsePod Track winner. $2.5K Cash, $10K Inference & 15% of 0.1 ANSEM supply.
• @Shin_StAItion - Agentic Privacy & Private x402 Payments. $2.5K Cash & 15% of 0.1 ANSEM supply.
This is just the start of our support to these teams. We'll keep backing them with investment, token management, and help turning them into generational products on Solana and beyond.
To every builder who joined: We'll keep supporting you. If you're talented and have an idea, come build with us. We'll help you with everything from launch to market fit.
This is just the beginning for the ClawPump ecosystem.
𝙋𝘼𝙉𝙄𝘾 retweeted
Agentic Trading as a Service is here, and trading will never be the same again. 10.26.26🔥🤖
How to access Hot Bot:
1. Secure 50k $HOTBOT
2. Fill out your application on our website
3. Follow, comment, RT, stay active
4. Prepare. This is the coding agent moment for trading, and we are leading the charge with our community