Whale Unstaked $120M Hyperliquid – I'm Buying the Dip
58sThe prospect of a major VC selling off Hyperliquid creates a high-stakes, controversial moment that crypto traders will want to watch.
▶ Play Clip"Real picks are there, but constant group promos and a wider watchlist make the 'top 3' feel less focused than promised."
In this crypto market analysis, the host identifies Hyperliquid, Near Protocol, and Zcash as the top altcoins to accumulate during the current bear-market dip, while also touching on AI coins like Venice and Bittensor. He argues that risk-reward favors buying now despite possible lower prices, and outlines a broader portfolio thesis combining revenue generators, privacy coins, and AI plays.
The market feels slow, but risk-reward from current levels to the next bull run makes buying now attractive; even if Bitcoin and altcoins go lower, these entries are worth it.
Top altcoins like Hyperliquid are down 7%, and the broader market is flat; the host sees this as a time to add specific plays rather than chase momentum.
Hyperliquid hit all-time highs near $74 in early June and has retraced about 20% to the $60 level; the host believes the hype trade isn't over and sees strong risk-reward versus Bitcoin and Ethereum.
Three wallets tied to Multicoin Capital unstaked $120 million of Hyperliquid, which could signal an OTC sale; if the token drops to $50-55 or lower, the host plans to add a large position.
Near has no pending token unlocks, generates the second-most revenue among AI coins behind Venice, and powers Zcash's privacy narrative; under $2 is called a great buy point.
The host says AI exposure is essential in 2026 and maps different AI coins to distinct theses: Venice for private LLMs, Near for privacy AI infrastructure, and Bittensor as the Y Combinator of AI.
Despite recent FUD, Zcash is only down 1% on the week and up 20% on the month; Mert says the security breach was patched and Zcash is now bulletproof.
The core thesis is revenue generators, privacy, and AI, with a stack of Hyperliquid, Lighter, Tao, VVV, Near Protocol, and Zcash expected to perform well through the cycle.
What is Hyperliquid's all-time high and current retracement?
All-time high around $74 in early June; it has retraced about 20% to the $60 level.
03:02
How much Hyperliquid was unstaked and by whom?
$120 million was unstaked across three wallets belonging to Multicoin Capital.
03:32
Why does the speaker prefer Near Protocol among AI altcoins?
No pending token unlocks, second-highest revenue among AI coins behind Venice, and it powers Zcash's privacy narrative.
05:21
What price does TraderSZ consider Near's mid-range target?
About $3.80, or a range between $2.60 and $3.80.
06:12
How has Zcash performed over the week and month?
Down only 1% over the week and still up 20% over the monthly time frame.
08:09
What did Mert say about Zcash's security breach?
The security breach was completely patched, found by a top-three Zcash expert, and Zcash is now bulletproof.
08:22
What six-asset stack does the speaker propose for this cycle?
Hyperliquid, Lighter, Tao, VVV, Near Protocol, and Zcash.
09:13
Hyperliquid's risk-reward
He calls Hyperliquid the best opportunity on the board, framing the potential downside as a chance to accumulate before the next bull run.
02:23Near Protocol's structural edge
No pending unlocks combined with strong revenue makes Near a compelling AI altcoin with a cleaner supply story.
05:21Zcash's resilience
Being down only 1% weekly while up 20% monthly shows unusual strength during a broad altcoin sell-off.
07:56Complete cycle thesis
The host condenses his strategy into a clear stack of revenue, privacy, and AI assets to hold through the cycle.
09:13[00:00] lagging or moving slow, especially due to Robin Hood chain and everything going on in the memecoin trenches. In this video, I am going to go over why one of these altcoins
[00:14] is actually about to be at great buy levels and would be by far my number one long-term accumulation. I will also cover a few of the altcoins that I am continuously adding to my portfolio as I think we near the fall and probably the bottom of the bear market.
[00:29] We might see lower on Bitcoin, Ethereum, and some of these altcoins may go a little lower, but I think the risk-reward from here to what we are going to see at the top of this next bull run still makes so much sense to buy now. So, let us go ahead and jump right into it.
[00:43] Guys, if you are new to the channel here on In The Money, we go over everything multiple times a week, Monday through Friday. Everything you need to win across crypto and prediction markets. Of course, we did open up our In The Money group. We just opened this last Friday.
[00:59] You can jump in right now. Three days absolutely free, and then it is $49 a month. We have been having wins in prediction markets, memecoins, altcoins, etc. So, if you are interested, jump down below into inthemoney.live. As I said, you can get three days absolutely
[01:15] free. Try it for yourself. I believe you will see there is a ton of value flying around, and come profit with us across the markets. Also, guys, like the video and subscribe down below. Let us go ahead and jump right into it. Today's video is going to be a pretty quick hit video.
[01:30] Right now, we just see the market kind of stagnant, and even some of the top altcoins like Hyperliquid are down 7%. We see a lot of coins either up 5% or down a couple of percentages,
[01:42] Easy is saying. There is so much to look into on chain right now. It feels like it is back. I do not know how back, but a semblance of back is here. I have spent so much time today
[01:55] looking in and looking into stuff, researching, starting to form some long-term narratives, Look, many of the smartest traders on the timeline are leaning heavily into the Robin Hood chain and
[02:08] everything going on there. Personally, I will be spending a lot of time just digging into the trenches over these few weeks because I do not think the major markets, the altcoin market, are really going to change in the short term. However, I do see that right now is a great time
[02:23] to be adding to specific plays. This first one, I think, is by far the best opportunity right now, and not even to purchase today. I think that there is money on the move on this very first altcoin
[02:37] that I am going to cover. If this does get sold off or we see some sort of an offloading here, I think that Hyperliquid looks to be maybe the best buy on the board right now as far as altcoins.
[02:50] So, let us go ahead. Let us open up Hyperliquid's chart here. Obviously, all-time highs in the mid to high $70s right here. We saw this at the beginning of June. $74. This
[03:02] thing has retraced about 20% since that move. Over this monthly time frame, you can see it here from $72 down to this $60 mark. Many people are wondering, is the hype trade finished? No,
[03:15] I really do not believe so. I think the risk-reward you can see from this versus Bitcoin is tremendous, or even Ethereum. I think you are going to get more X's. You are going to see more of a return, especially if Bitcoin traces down below $60,000, $55,000, $50,000, etc.
[03:32] For me, Hyperliquid is shaping up to be a great buy, and not even just today. You see this big steep fall, a lot of fear on chain right now, as $120 million of Hyperliquid today was unstaked
[03:46] across three different wallets. These belong to Multicoin Capital. Now, Hyperliquid being unstaked, it could just be on the move. They could be trying to sell it over the counter, but many people are going to be watching these three addresses over the next few
[04:01] days. I agree with this sentiment. If Multicoin ends up nuking Hyperliquid, and if it goes to like $50, $55, or $45, I will absolutely be adding a huge chunk of my position to Hyperliquid. So, that is something I am actively monitoring,
[04:17] and I think we should have our eyes out. I will be looking to see where this on-chain flow goes, but regardless, I do think that Hyperliquid remains the top altcoin of the cycle, and I think it remains a must-hold in your portfolio if you are a crypto participant in 2026.
[04:33] Another must-hold narrative is obviously AI. AI coins have been a little tumultuous. We could look across the board right now. We can go look at Venice. Venice has taken a pretty steep fall
[04:46] ever since this equity thing that they did. Not as strong as it once was. If we look at this yearly chart, this peak right here at $20, then they raised the $65 million or whatever it was here, and that was around $14 or so. Now it is down to $12. It went as low as about
[05:06] $10.50. Regardless, I think Venice's strength has cooled off a little bit. I think the strongest AI altcoin at this point in time, and it is not really moving now, but I think whenever we do see the market start to tick up, is going to be Near Protocol.
[05:21] First and foremost, there are no tokens pending to be unlocked. This is a mature AI altcoin, but at the same time, they are doing probably the second most revenue behind Venice out of every single AI
[05:33] coin. The Near intents are actually powering other top altcoins like Zcash's privacy narrative. Now, institutional access to Near is expanding across multiple channels. There is a lot of feedback.
[05:45] Right now, Near Protocol is pushing a ton of updates in the bear market, which is great, but this does not really move the price in a bear market. Many people are wondering, should they be holding these big announcements until the bull market comes? I think that the floor is really
[06:00] solidifying on Near, and I think that right now, under $2 is a great buy point. So regardless, yes. Could these updates that they are pushing actually pump the price in a complete bull market?
[06:12] Yes, absolutely. But I think that this is just really building a wall of people that are ready to buy at these prices, or if we do continue to see lower. I think TraderSZ believes Near rips up to the mid-range soon. His mid-range would be about $3.80 at this point in time,
[06:30] or something between $2.60 and $3.80, where we are sitting at $1.93 currently. I do think $1.93 is a pretty good buy price for something at the high level like Near.
[06:43] Look, AI is one of the narratives you have to be holding in 2026. We see AI rampantly taking over everything, every industry, the new updates. We have Fable coming out. The government literally said it is too strong, and all this stuff. AI, at the rate that it is growing,
[07:00] you have to have AI in your crypto portfolio. Absolutely. In 2026, whether that is Near, whether that is Venice, or whether that is Tao. Tao is trending sideways at this $200 level. Really not a lot of activity here at this point in time. They did just release Bittensor V431,
[07:17] a new overhaul of Bittensor tooling. I still think there is a lot of good stuff going on here. Look, everything is different, right? The LLM stack that is private decentralized, that is going to be Venice. If you want the privacy AI stack, you are going to actually
[07:32] go with something like Near Protocol. If you want the Y Combinator of AI, you are going to go with Bittensor, betting on all the companies and the network building on decentralized AI. So,
[07:44] all of these plays are different flavors for different investment theses. I do think a little bit of a mixture of all three of these in your AI portfolio will go a long way.
[07:56] Last but not least, despite the FUD a couple of months ago, I am very bullish on Zcash. Zcash is so strong, even when altcoins are kind of getting sold off and sort of showing a lack of momentum
[08:09] due to the memecoin side. People are selling to go play in the memecoin casino. We see here over the week, this thing is only down 1%, and over the monthly time frame, it is still up 20%. By far
[08:22] the most out of any high-level altcoin. We see here Mert, one of the biggest bulls on Zcash, saying that the security breach was completely patched, and one of the top three people most
[08:34] familiar with Zcash found a bug. It was not some random vibe con thing, and that this was blocked and now is completely patched, and Zcash is pretty bulletproof right now as far as security goes. So,
[08:47] Zcash does remain in that upper echelon for me. I firmly still believe that the trade this cycle is perplexes. I am still watching for Lighter, which is a Hyperliquid competitor. I think
[08:59] that is still going to be a fantastic play, especially when the market trends back up, especially when Hyperliquid starts running back up. You are probably going to see something like Lighter run alongside of it. But I want to have my hands in revenue generators, perplexes,
[09:13] privacy, and AI. That for me is a complete thesis of Hyperliquid, Lighter, Tao, VVV, Near Protocol, and Zcash. I think that stack alone, you can probably make out this cycle like a bandit.
[09:29] That is really what my focuses are at this point in time alongside on-chain. Like what Easy said, I am going to be spending a lot of time in the trenches right now. I am going to be spending a lot of time on Robin Hood chain, on the FOMO app, whatever the case is, to be able to take
[09:43] advantage. On-chain really revives a couple of times a year. It feels like over the last two years, ever since Trump coin, when it comes, it gets hot, and then when it goes, there is not a lot of opportunity. So, take advantage of these times if you are trading on-chain. I think it is
[09:59] a good time to be terminally on-chain and online. Regardless, I do believe that right now we are seeing pretty great entries across the board on stuff like Zcash, on stuff like Near Protocol, even Hyperliquid, especially if Multicoin Capital is to sell off some of this unstaked Hyperliquid.
[10:18] So, that is what I am looking at right now in the markets. As I mentioned, if you want to get all of our analysis from my team, my memecoin traders, myself, we have prediction markets, we have sports, everything down below. InTheMoney.live. Like the video, and of course,
[10:32] subscribe to the channel for more every single week here on In The Money. I will see you guys on the next video. As always, trade responsibly, my friends, and of course, stay bullish, my friends.
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