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Fenzor9

@vinzor

65 Following
5 Followers
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Linea: Christopher Quit and Became a Sybil? 🤨 🤨 Previously, we mentioned the warm-up activities from the Linea team ahead of the airdrop. The main push was led by Christopher, who insisted on a generous airdrop. ✔️ Christopher's Exit: He once stated that if the airdrop turned out bad, he would resign and join the Sybils. Well... he actually quit. The team stated in Discord that his departure was linked to a new project on the Linea network and his career growth. Let’s hope his career growth doesn’t affect ours 😄 🟠 Speculating on the Real Reason: 🟠 Mandatory Criterion — LXP from 4k. 🟠 Average non-staked balance — at least $500 in ETH. 🟠 TGE in 2026. 🟠 Airdrop distribution — in LXP-XL. What do you think? Maybe he just couldn’t handle the pressure from the community and decided to move on. Or is it just strategic career planning? 💭
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$150K FROM A REFERRAL 🤑 Last week, the crypto community was buzzing about a mysterious whale aggressively shorting $BTC on Hyperliquid with 50x leverage. Speculation ran wild—was he just another degen gambler or an insider with privileged info? ZachXBT weighed in, claiming the whale was nothing more than a "cyber scammer playing with stolen funds." https://x.com/zachxbt/status/1901904031351509266 Then, things took an unexpected turn. A user on X claimed that this infamous whale had signed up through his referral link on Hyperliquid, allegedly earning him a whopping $150K in commissions. https://x.com/0xfubar/status/1901719964567965914 ▪️ However, the celebration didn’t last long—sharp-eyed commenters quickly debunked the story, exposing the tweet as fake. https://x.com/hyper_updates/status/1901983564670894519 What could have been an epic tale turned out to be nothing but engagement bait. Classic. 🌚
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Whale Outsmarts HyperLiquid 👍 🔸 A whale just pulled off a masterful move on HyperLiquid. https://x.com/DU09BTC/status/1899852622917677099 🟠 Yesterday, the whale gradually built a $290M long position on ETH with 50x leverage on HyperLiquid. 🟠 Instead of closing the position, they withdrew all collateral, triggering forced liquidation. 🟠 The position was transferred to HyperLiquid’s liquidity provider (HLP), which started selling ETH into the order book. 💡 The twist? There wasn’t enough liquidity, and HLP lost $4M during the sell-off. Meanwhile, the whale pocketed $1.86M because liquidation occurred above their entry price. 🔸 HyperLiquid’s response: Reduced max leverage limits to prevent similar exploits. https://x.com/HyperliquidX/status/1899768864705237211?t=su_CIFyMz5wGK5_3CIGG8w&s=35 Due to FUD, users withdrew $166M from the protocol in just 24 hours. https://x.com/WuBlockchain/status/1900072132425683080
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FUD Around Backpack is Unwarranted 🤔 Recently, Backpack acquired the European division of FTX, taking on not just the business itself but also its obligations to creditors. For those unfamiliar, Backpack is a new CEX created by the team behind MadLads, while FTX is the infamous exchange that declared bankruptcy in 2022, causing its users to lose billions of dollars. The current leadership of FTX, however, has denied this acquisition, claiming that no formal approval was granted. In response, the CEO of Backpack clarified that the deal had been arranged with FTX’s previous management and approved by regulators, making it entirely legitimate. As a result, FTX EU is set to become part of Backpack EU in the near future. The latter will handle the process of distributing funds to European users. The acquisition reflects its ambitious growth strategy. With no apparent financial issues, the exchange is well-positioned to deliver on its promises. 🚀 Keep an eye out and stay active!
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