A note on tracking capital flows:
“Hyperliquid address 0xecb63c...2b00 currently holds an ETH short position of 12,863.9 coins, with a notional value of …”
After the news breaks, I’ll ask three questions about capital flows:
1. Are aggressive buyers or sellers in control?
2. Has trading volume for $ETH (24h: $691 million) increased noticeably?
3. Have there been any large transfers from the chain to exchanges?
Only when all three point in the same direction can we say the market has validated the news with capital; otherwise, it’s probably just a passing gust.
First, distinguish whether this is a new development or old news being brought up again.
“Hyperliquid address 0xecb63c...2b00 currently holds an ETH short position of 12,863.9 coins, with a notional value of …”
After the news breaks, I’ll ask three questions about capital flows:
1. Are aggressive buyers or sellers in control?
2. Has trading volume for $ETH (24h: $691 million) increased noticeably?
3. Have there been any large transfers from the chain to exchanges?
Only when all three point in the same direction can we say the market has validated the news with capital; otherwise, it’s probably just a passing gust.
First, distinguish whether this is a new development or old news being brought up again.
