On-chain DEX printed $1.1M while Hyperliquid perps did $1.5M on ethereum:0x808507121b80c02388fad14726482e061b8da827. Buys 4006, sells 3850. Spot is outrunning the levered tape and still leaning bid. $41M total spot on a $346M cap. This is accumulation, not a perp crowd chasing. https://t.co/W5bwlqXq5z
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