Playing devil’s advocate: Data shows Machi Big Brother’s HYPE long position was fully liquidated, while his ETH long is now sitting on an unrealized loss of around $3.5 million.
Most people see this as bearish news. What I’m more interested in is whether some of the panic has already been priced in. It’s not uncommon for prices to rise rather than fall once bad news actually breaks.
$HYPE 24h -4.18%. The more frequently similar news comes out, the weaker its actual impact tends to be.

#HYPE

For informational purposes only; not investment advice. DYOR.