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TechFlow reports, on December 4, Zhu Su, co-founder of Three Arrows Capital, posted on social media stating: "Although the current rise in HYPE is primarily driven by its L1 narrative, my bullish case rests on the fact that it has won dominance in the USDT-margined perpetual futures markets on major exchanges such as Binance and OKX. Whether it's wise to reserve future supply for the next season will be my biggest concern."
Zhu Su, co-founder of Three Arrows Capital, posted on social media: "Although HYPE's current price increase is mainly driven by its L1 narrative, my bullish argument is that it has captured the USDT-margined perpetual futures market on major exchanges such as Binance and OKX. Whether it's wise to reserve future supply for the next season will be my biggest concern."
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