🧐 What Are Whales Doing Amid the Bear Market? We’re seeing several whales deposit their assets into @ryskfinance and open option-seller positions The majority of deposited assets are in $HYPE, with millions in option-seller positions built around it Furthermore, options volume on the protocol has also been growing quickly since it was deployed on @HyperliquidX Notably, whales are opening $HYPE option-seller positions around $41–$45, suggesting they don’t expect any short-term recovery in the token’s price - at least not before their positions expire at the end of November 🤔 Why are they joining the protocol amid the chaos? 1⃣ More money, less risk Put money in Rysk → earn big premiums + fees, but no liquidation (unlike lending or perps) 2⃣ Free cash upfront Sell options → get paid immediately. Even if price moves, you already won 3⃣ Early = big airdrop chance Small protocol now (TVL ~$1M), but growing fast. Whales jump in early for future token rewards (like GMX or Lyra before) 4⃣ Perfect for bull markets Make money from volatility without guessing up or down. Just collect premiums on ETH, BTC, HYPE, etc 5⃣ Following Each Other’s Moves Big wallets show up on leaderboards → others copy → more money flows in → yields stay juicy