The HyperLiquid whale shorting BTC/ETH yesterday was placing shorts up till exactly 1 minute before Trump threatened tariffs against China.
The last short was placed at 20:49 GMT. Trump tweeted at 20:50 GMT.
What incredible "luck"
In case you didn’t know - the BTC whale closed 90% of his BTC short and fully closed his ETH short, making around $190–$200M profit in just one day on Hyperliquid.
The crazy part is that he shorted another 9 figs worth of BTC and ETH minutes before the cascade happened. And this was just publicly on Hyperliquid imagine what he did on CEXs or elsewhere. I’m pretty sure this guy played a huge role in what happened today.
https://t.co/KPzg4u1tN8
https://t.co/K9MFyjcAL4
I counted 1010 traders that are down $100k+ today and 206 traders that are down $1M+ today on Hyperliquid
358 of those accounts lost everything and have ~0 balance, including one person who lost all $19M+ in their account
Covid crash: $1.2 Billion in liquidations
FTX crash: $1.6 Billion in liquidations
Today: $19.16 Billion in liquidations
This is Biggest liquidation event in history of crypto and almost 20x bigger than the Covid crash of March 2020.
1/ An unnamed source recently compromised a DPRK IT worker device which provided insights into how a small team of five ITWs operated 30+ fake identities with government IDs and purchased Upwork/LinkedIn accounts to obtain developer jobs at projects.
Absolutely incredible:
Ethereum is causally up another +7% on a Saturday night and now trading at $4,300.
This marks its highest level since December 2021.
Crypto is on fire.
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