Moreover, over the past 24 days, it has sold 1.954 million HYPE for $42.12 million with an average exit price of $22.05, but still remains the largest holder with over $150 million in assets spread across the various protocols in the HyperEVM ecosystem.

Info dug up by x.com/mlmabc, subscribe to his channel with notifications on HYPE's big moves.

📝 CURRENT POSITIONS

SmartestMoney still holds 6.012 million HYPE (worth $150.3 million), as well as several million dollars in PURR, HFUN and FARM tokens, none of which it has ever sold. His asset allocation is as follows:

• 3.558 million HYPE ($88.95 million) are in staking

• 2.454 million HYPE ($61.36 million) are active in various DeFi protocols such as Hyperlend, Felix, Laminar and Valantis

Considering the short position, his total long position is: 4.14 million HYPE ($103.4 million) = 6.012 million HYPE - 1.875 million HYPE (short position)

🔍 WALLETS AND TRANSACTIONS

Wallets storing his HYPE:

one: https://www.hyperfolio.xyz/0x63af859d7b4717bd4d3705f15b6d4caad6cf4b36

two: https://www.hyperfolio.xyz/0x8177b8dae5b3ce7de2ca6e5449ffc6aab2f626ba

three: https://hypurrscan.io/address/0x9794bbbc222b6b93c1417d01aa1ff06d42e5333b

The wallet used for the short position:

• hypurrscan.io/address/0x20b1...

🕵️ HOW TO GET ON THE SHORTER'S TRAIL

1. SmartestMoney sent a total of 2.72 million HYPE to the Gate exchange via their previously known wallets

2. Using Gate's personal deposit address, the author was able to find all of his wallets: hypurrscan.io/address/0x9322...

3. Checking flows on centralized exchanges showed which wallets received HYPE in this range

4. All API keys had the same names (Stax9, Stax10, Stax11, etc.), indicating a single owner using Ledger Stax hardware wallets

To confirm the short position, the author:

1. Checked USDC flows on Binance and found that someone was sending USDC from Coinbase to Binance using the Base network

2. The corresponding amounts were later deposited into Hyperliquid

3. the API key was named STAX25SHORT, which confirms the connection to the same wallets

📊 SALES BY WALLET

Detailed sales information for each wallet can be found in the original post MLM, our new zackxbt-on-hyperevm

⚠️ IMPORTANT NOTE

Despite significant sales, SmartestMoney remains the largest holding with 6 million HYPE and is actively involved in the development of the HyperEVM ecosystem. It supports most protocols and interacts with developers and the community.

SmartestMoney has protected the price at key levels when it matters most, and it needs to manage its positions to do so. He fully entered HYPE after TGE and experienced a portfolio value decline of over 9 figures when the price dropped from $35 to $10. Given the huge amounts involved, a partial risk reduction is perfectly normal. He still believes in the protocol and, according to MLM, has completed the sales, which will have a positive impact on the long-term price dynamics and the distribution of tokens to more holders.

Will he be able to sell now that every one of his wallets has a tag hanging from his ear? Will the market hunker down on his stops, realizing that he'll have to sell HYPE to refill the collateral?

TRUMP: GETTING THE BASELINE OF 10%

TRUMP: I WILL NOT BRING UP CORONAVIRUS WITH CHINA

TRUMP: IF THEY DON'T MAKE A DEAL, WE'LL SET THE DEAL

TRUMP: CHINA, OTHER COUNTRIES MUST REACH AN AGREEMENT TRUMP SAYS HE IS GOING TO BE VERY NICE TO CHINA, THEY HAVE TO MAKE A DEAL

TRUMP: PLANS TO BE VERY SUPPORTIVE OF CHINA TRUMP: CHINA WILL BE PLEASED

TRUMP: TARIFF ON CHINA WILL NOT BE AS HIGH AS 145%

TRUMP: IT'LL COME DOWN SUBSTANTIALLY BUT WON'T BE ZERO

TRUMP: ASKED IF HE’LL PLAY HARDBALL WITH CHINA, SAYS NO

TRUMP: PREFERS POWELL TO BE EARLY, NOT LATE

TRUMP: NO INTENTION OF FIRING POWELL

TRUMP: WANTS POWELL TO BE MORE ACTIVE IN REDUCING RATES

TRUMP: IF FEDERAL RESERVE CHAIR POWELL DOES NOT, IT'S NOT THE END

In reality, a quantum attack wouldn’t look like an attack at all. It would be silent, clean, and even boring.

I’ve said this for years. If someone figures out how to break elliptic curve cryptography, the last thing they might want to do is announce it to the world. The first thing they would do is quietly profit from it.

Consider the well known case in the United Kingdom. A man who mined Bitcoin back in 2010 accidentally threw away his hard drive, which is now buried in a landfill. He has spent years fighting for the right to search that dump, claiming the drive contains roughly $700 million worth of BTC.

Now imagine a different approach. Instead of trying to recover the physical hard drive, he approaches a company like PsiQuantum or IonQ and says, “I’ve got public keys tied to lost wallets from 2010. If you can crack them, I’ll give you 75% of whatever BTC you recover.”

That would be a very compelling offer. And if you are a company like PsiQuantum, you might not even need access to the full wallet file. You may only need the public key. Early Bitcoin transactions did not use hashed public keys, which makes them especially vulnerable. There are tens of thousands of BTC still sitting in those early wallets.

So a deal is made. A contract is signed. The quantum firm takes its cut of the recovery, and the BTC is quietly moved. Perfectly legal.

There would be no outcry, no panic. The Bitcoin network would continue running as usual. Instead, we would see tweets like this one casually noting that early mined BTC just moved for the first time in over a decade, sparking speculation but no real alarm. If the quantum threat was already here, this is one scenario for how it could unfold. Not as a hack or a breach, but as a quiet recovery.

Every party involved from the BTC holder, the quantum company, and even any intermediaries, would have strong incentives to stay silent. If the breakthrough became public, the opportunity would disappear. The ability to repeat the process across thousands of dormant wallets would vanish overnight.

This is the real danger. Not a loud explosion, but a quiet siphon.

So the next time you see an old wallet from 2010 suddenly come alive and move millions in BTC, ask yourself: So the next time you see an old wallet from 2010 suddenly come alive and move millions in BTC, ask yourself: is that just a diamond hand giga chad who held for a long time, or is it the first visible trace of a quantum capability already in use?

If the quantum threat was here, you might not even know it.