JUST IN: SPACEX reports 2Q revenue of $7.8 billion, surpassing estimates of $6.81 billion.

Trade $SPCX on Markets: https://markets.xyz/trade/SPCX?v=7f10562dc467

💥 External Liquidation Alert 🟢
#xyz:BRENTOIL LIQUIDATED SHORT $10,568,814 @ 86.624

JUST IN: The next Hyperliquid network upgrade will enable HLP to automatically rebalance underutilized USDC into its lending sub-strategy as portfolio margin and borrow/lend continue to scale.

Garrett Bullish deposited 17M WLFI ($1.01M) into Binance after a six-month hold, while still retaining 296M WLFI valued at $17.66M.

Read more here: https://x.com/MarketsAlpha/status/2089064950379491818

JUST IN: Strategy boosts USD reserves by $150M to a record $4.8B after selling $334M in stock and buying no Bitcoin last week.

Trade $BTC on Markets: https://markets.xyz/trade/BTC?v=1ed463582ad0

💥 External Liquidation Alert 🟢
#BTC LIQUIDATED SHORT $48,913,412 @ 67889.590
1. 0x8ef...d5e [mkts] [arkm] [hpscan] — $48,913,412

JUST IN: Trump: CFTC working to bring Hyperliquid into the united states in a legal fashion.

💥 External Liquidation Alert 🟢
#ETH LIQUIDATED SHORT $68,543,654 @ 2233.606
1. 0x0dd...902 [mkts] [arkm] [hpscan] — $22,099,244
2. 0x0dd...902 [mkts] [arkm] [hpscan] — $46,444,411

💥 External Liquidation Alert 🟢
#BTC LIQUIDATED SHORT $33,389,047 @ 69560.514
1. 0x004...bb8 [mkts] [arkm] [hpscan] — $33,389,047

Portfolio Margin accounts at Hyperliquid faced liquidations exceeding $45M, revealing no backstop support during the 24-hour period.

Read more here: https://x.com/MarketsAlpha/status/2090766795577684135

A trader with a fresh wallet made a $5.34M XRP long on Hyperliquid, but previous massive bets resulted in an $8M loss, highlighting risky gambling behavior.

Read more here: https://x.com/marketsalpha/status/2091101110786240904?s=46

Trade $XRP on Markets: https://markets.xyz/trade/XRP

Happy $HYPE ATH to those who celebrate.

https://x.com/Markets_xyz/status/2091659300351484399

Hyperliquid Strategies resumes purchasing $HYPE with a mNAV above 1.10, but a significant seller is offloading 680k HYPE, potentially signaling market pressure.

Read more here: https://x.com/MarketsAlpha/status/2092136332596224298

New F1 Singapore comp is live on the Markets web terminal.

Highest ROI wins.

🥇 2x F1 weekend tickets ($2.5K in value)
🥈 $500
🥉 $250
4–7 $100
8–10 $50

Min volume $100K required.

Competition starts now and ends September 15.

Toggle Leaderboard --> F1 tickets to see the competition.

https://markets.xyz/traders?search=g

TLT and IWM are now live on Markets.

The long-duration U.S. treasury bonds (TLT) and the U.S. small-cap equity market (IWM) are now onchain, tradable with USDC collateral.

https://x.com/Markets_xyz/status/2093313672235868266

JUST IN: Strategy bought 4,603 BTC ($369.7M) at an average price of $80,318 $BTC.

Read more here: https://x.com/MarketsAlpha/status/2094396073410437448

A trader transformed a $10k investment into $100k through perpetual trading on the Markets App, prompting research into similar successful traders.

Read more here: https://x.com/MarketsAlpha/status/2094438768207884680

JUST IN: Hyperliquid $HYPE is in talks with Kraken's parent company about entry into the U.S. market.

Trade $HYPE on Markets: https://markets.xyz/trade/HYPE?v=621ccee2eaaf

Here’s the first list of addresses and why we think they’re worth following:

https://markets.xyz/trader/0xe09726ff25f5001f37b15049f54116cb83d7d0fe 
One of the best traders we found. Its 30d max drawdown is roughly 2.4%, while maintaining a strong and consistent track record.
All-time PnL: $4.15M

https://markets.xyz/trader/0xf97ad6704baec104d00b88e0c157e2b7b3a1ddd1 
Pretty similar to the previous one, but with an even lower 30d max drawdown of just 0.87% and a higher 90d Sharpe ratio of 6.65.
All-time PnL: $3.5M

https://markets.xyz/trader/0xac142fee46f8dacbfef23e1e41d79f1f7233487e 
A very defensive trader that mostly bets on winners, with an 86.5% win rate. It also has a very solid 30d max drawdown of 1.18% and a Sharpe ratio of 6.45.
All-time PnL: $228k

https://markets.xyz/trader/0x4e23288cee4960f9f962195c22948e4bc7ae20c3 
The address with the highest PnL in this group. Its 30d max drawdown is considerably higher at 13.59%, but it also has a much higher absolute PnL.
All-time PnL: $16.45M

https://markets.xyz/trader/0x427070e33d630b0476bedba5d53db224913eb946 
Another really good directional trader, with few average daily trades, a low 30d max drawdown, and a solid Sharpe ratio.
All-time PnL: $900k

The most relevant thing about these addresses is that they have shown signs of having a real directional edge, rather than simply generating PnL through hedging, high-frequency trading, or a few lucky trades.

They have been trading for long enough, with enough consistency and controlled drawdowns, to make them particularly interesting to track.

Find out more about our methodology here: https://x.com/MarketsAlpha/status/2094800466378903819 


Soon in production!

Hyperliquid Strategies reports over $2.6B in $PURR trading volume in the last week, potentially allowing them to raise substantial equity funding rapidly.

Read more here: https://x.com/MarketsAlpha/status/2095789191560847561