Crypto's Black Friday Was Its Largest Liquidation Ever. What the Hell Happened? - Ep. 922

Bullish:

• $HYPERLIQUID - Hyperliquid demonstrated superior infrastructure and operational excellence during the market crisis, experiencing no serious downside while competitors failed

  • “I mean, I think it's impress There's a bunch of different factors here. On just the tech side, it's objectively very impressive that Hyperliquid had no serious downside.”

    Diogenes·49:25

Bearish:

• $MKTMAKERS - Smaller proprietary market makers face existential threats following significant losses and capital recalls from the crisis

  • “I think for a lot of the smaller, especially prop market makers, it could be over for a lot of them.”

    Diogenes·26:35