A group tied to the $BONER memecoin accumulated roughly half of the tokenized HIMS shares on Robinhood’s chain and sought to spark a short squeeze by driving up the onchain version of the stock. During Sunday trading while the NYSE was closed, the tokenized HIMS share briefly traded at $132.64 versus HIMS’ Friday equity close of $28.84, on about $39,000 in volume.
The price dislocation faded when traditional markets reopened, with the tokenized share arbitraging back toward the underlying stock price. Ondo’s wrapper for HIMS, which had about 18 times the float, remained near $29 throughout the move.
$BONER Speculators Push Tokenized HIMS Shares Briefly to $132 in Squeeze Attempt
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