HYPE Burns: People still don't understand how big it is.
$3 Billion Dollars Burned.
To put it in perspective, that's:
- 100 Mansions in London a la Stani
- 10 Yachts a la Mark Zuckerberg
- 1 Monad
Instead they decided to use those fees to buyback and burn HYPE.
- 4.58% of Total Supply
- 15.33% of Circulating Supply
Most people can't grasp the idea of NOT having money as your north star.
Jeff and other team members have been very wealthy before they ever started Hyperliquid and to this day they fund some things out of their own pocket.
This doesn't mean they won't cash out at some point, they are building the Blockchain to House all Finance after all. The big difference is their time horizon and integrity which is such a big contrast when you compare HL to other projects.
big win for HYPE holders
From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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