According to @cryptorover, if BTC has already topped this cycle, it would be the first peak without a surge in retail euphoria based on Google Trends search interest. source: x.com/cryptorover/status/1986902226632384770 For trade validation and risk management, monitor BTC perpetual funding and basis to gauge leverage and trend strength, US spot Bitcoin ETF net flows to assess institutional demand, and Google Trends search interest for Bitcoin to track retail participation. source: coinglass.com; cmegroup.com; farside.co.uk/bitcoin-etf/flows; trends.google.com

According to @ai_9684xtpa, XPL on Hyperliquid briefly touched $0.8119 and later traded near $0.7745 while Binance perpetuals quoted $0.6354 (source: @ai_9684xtpa on X, Aug 28, 2025). Based on those reported prices, this implies an estimated 21.9% cross-venue premium that can influence basis, funding dynamics, and liquidation thresholds for XPL traders (calculated from figures reported by @ai_9684xtpa on X, Aug 28, 2025). The same source adds that the main wallet tied to the hedge-sniping event shows combined unrealized profit of $2.553 million across 11 sub-accounts, indicating profitable positioning during the dislocation (source: @ai_9684xtpa on X, Aug 28, 2025).