Post #13873

mlmabc: RT MLM (@mlmabc) retarded post by Arkham. He is not down on the trade or trapped in the position. This is a hedge against his staked 2.16M HYPE ($104M), of which 560K HYPE ($26.9M) is currently being unstaked. hypurrscan.io/address/0xe44b… He decided to short instead of selling spot since the entire world is watching his wallets, and unstaking a large amount and selling spot before hedging would result in a much worse exit than hedging beforehand via perps. He also can’t be liquidated since this is a hedge and he has enough margin. Everyone talking about loracle in this way is retarded and should stop with this. He decided to take profit on HYPE after being up 1000000000x which is normal. This shouldn’t change your views on the project.