$6.7B in 24h notional on Hyperliquid with 40x BTC and 25x ETH leverage is already enough firepower without dropping the trade button inside Nansen’s whale-watching UI. Pairing Smart Money labels with one-click perps compresses the whole copy-trade loop, so crowded wallet flows can flip from alpha feed to liquidation fuel fast. In a flush, everyone staring at the same “smart” address is just correlated leverage with better branding.

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