Trader Mayne believes regulation is the biggest downside risk for Hyperliquid “The downside scenario for Hyperliquid in Arthur Hayes’ opinion is a move back to $58” “To me it’s regulatory, if the government decides to say if you want to operate you have to do KYC and no DEX’s are allowed unless it’s a full KYC DEX” “That to me is the downside risk, not HYPE going back to ATH and underperforming Arthur’s HYPE target of $150”

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