Purr (PURR)

. $PURR hasn’t performed the way many expected while HYPE keeps pushing higher.

This clip from David Schamis is a good reminder of why patience matters and to point out that:

- Hyperliquid Strategies has cash - around $150 million.
- They’re up on their $hype position - avg cost around $34.
- Have a light expense burn.

They’re not forced to sell calls, raise bad debt, or make desperate moves just to keep the lights on.

Sometimes the best edge is having enough dry powder to do nothing.

“More times than not, the right thing to be doing is playing squash.”

“Just because you come to work and get dressed up, don’t think you have to do something to add value.”

“If you’re a DAT running out of cash, you’re forced to do unnatural things.”

“We’ve worked hard to have plenty of cash.”

“We don’t have to feel like we do those things. Just doing nothing’s okay.”

The biggest bet that I am taking is in the Hyperliquid Ecosystem as HIP-3 takes over and disrupts the financial market: $PURR

You need to ask hard questions when you are working through an investment thesis and this is exactly what we did in the livestream today. We went through all of the most significant risks and WHY $PURR is an exceptional opportunity in spite of the short-term price action

We sat down with the CEO of $PURR to reanchor the market to WHAT is happening, WHY it matters, and HOW to capitalize on it

My Update On PURR and The Future Of Hyperliquid https://t.co/titaTmFC9P