Insider's info reaching me now is that $HYPE pump was triggered by three major institutional buy in. For that Buy in to happen. The three entities sold off their $XRP, $ETH and $BTC bags to buy $Hyperliquid. Goldman sachs sold over $150 million of its XRP bag, over $480million of its Ethereum bag, and over $400 million of its Bitcoin bag. This is not to say that BTC is less valuable compared to $HYPE However, I think what Hyperliqid is building is very key to the Perp Dex and real-world asset tokenization industry. ASTER would have taken the shine off Hyperliqid, but ASTER is built by a Chinese (CZ of Binance) so the US institution will weaponize that against the ASTER ecosystem. However, in real-world use cases, hyperliquid has gone far beyond.