Marc Arjoon, CFA 🟪(@marcarjoon):2nd lowest funding rates ever seen on @HyperliquidX for BTC Last time rates were this low, BTC fell from $65,000 to $54,000. This was during Germany's government BTC liquidation. Germany was offloading ~$3B worth of BTC in a short period of time (people called them dumb and said they'd miss out on billions). Mt. Gox creditor repayments also just began and that stoked additional fears. We've been here before; it's called a cycle.

Marc Arjoon, CFA 🟪

@marcarjoon

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Marc Arjoon, CFA 🟪@marcarjoon

2026.06.25 14:26

2nd lowest funding rates ever seen on @HyperliquidX for BTC Last time rates were this low, BTC fell from $65,000 to $54,000. This was during Germany's government BTC liquidation. Germany was offloading ~$3B worth of BTC in a short period of time (people called them dumb and said they'd miss out on billions). Mt. Gox creditor repayments also just began and that stoked additional fears. We've been here before; it's called a cycle.