very good thoughts on why this $PUMP event wasn't the all in trade that we thought- totally different than $TRUMP or hyper liquid or other huge events
the PUMP Hyperliquid pre-market was a classic case of info asymmetry collapse in real-time
an interesting externality of the hyperp was that it telegraphed the setup to every participant globally, turning what started as edge into consensus the moment price discovery went public
“free money” died the moment it became observable. the market showed its hand early and killed its own edge
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