Hyperliquid just saw a +900% liquidation spike on SP500 last night
Yesterday’s NYSE selloff triggered one of the largest forced-selling events on HIP-3 equity markets.
Data from GoldRush
🚨 BREAKING
🇺🇸 U.S. STOCKS ARE UNDER HEAVY SELLING PRESSURE
MORE THAN $650 BILLION IN MARKET VALUE HAS BEEN ERASED IN JUST TWO HOURS OF TRADING
GOOGLE ↓ 4.5%
MICROSOFT ↓ 0.9%
AMAZON ↓ 1.8%
SELLING PRESSURE IS SPREADING ACROSS MOST OF THE U.S. MARKET.
Volume on $SPCX just hit a new all-time high on Hyperliquid.
Trading volume surged to ~$850M on earnings day, a 370% increase versus the average daily volume over the past 30 days.
While $AMD saw record trading activity paired with a net short bias, Space traders showed up in
SpaceX reports its first earnings as a public company in a few hours.
Hyperliquid traders already flipped long into the print.
Long/Short Bias on xyz:SPCX :
• Peaked at +10% yesterday
• Still sitting at +7% heading into the call
Clear long bias into the first public numbers.
AMD's earnings call last night drove a surge in trading activity.
$AMD by @tradexyz on Hyperliquid recorded a new all-time high in volume, but positioning tells a different story.
Despite the spike in activity, traders remained net short, suggesting participation increased
SpaceX reports its first earnings as a public company in a few hours.
Hyperliquid traders already flipped long into the print.
Long/Short Bias on xyz:SPCX :
• Peaked at +10% yesterday
• Still sitting at +7% heading into the call
Clear long bias into the first public numbers.