According to the source, a post on X dated Oct 23, 2025 says Hyperliquid’s token outperformed while BTC fell as a Wall Street fund moved in, but it provides no price data, fund identity, or transaction proof, so the claim cannot be independently verified from the source alone. Source: X post, Oct 23, 2025. Given the absence of disclosed metrics, traders should wait for confirmatory data such as named fund disclosures, on-chain wallet traces, and exchange notices before positioning on this narrative, and monitor Hyperliquid’s relative strength versus BTC during any continued BTC weakness. Source: X post, Oct 23, 2025.