Year-End Tax Selling, Hyperliquid $HYPE Burn Vote & CryptoPunks Loan Risk

A choppy market set the tone as Cap unpacked sharp intraday moves in $ETH and the broader “whale war games” feel behind sudden wick-downs and snap-backs. The conversation zoomed out into year-end mechanics like tax loss harvesting, how crypto differs from equities around wash sale rules, and why ETF-era flows have changed the market’s texture. On the NFT side, the most actionable segment centered on CryptoPunks loans sitting underwater and how leverage can quietly turn into forced selling pressure if liquidations cascade. Cap also previewed ongoing show ops improvements and the bigger positioning shift toward “markets, products, builders,” before closing with quick hits around Pudgy Penguins rewards and $PENGU chatter. Subscribe:Coffee with Captain Newsletter: https://coffeewithcaptain.beehiiv.com/YouTube: https://www.youtube.com/@coffeewithcaptainshow Follow on X:Captain Zwingli: https://x.com/ChrisJourdan This podcast is for entertainment purposes only. None of the information shared on this podcast is meant to be taken as financial advice. Chris and guest speakers may hold tokens discussed Check Out: The Everything Token: A Book on Web3 and NFTs