How an anonymous trader made $192M shorting one of the biggest crypto crashes

A single anonymous trader saw the crash coming and capitalized on it, earning $192 million in just a few hours.

An anonymous wallet (0xb317) on the Hyperliquid derivatives exchange reportedly earned a $192-million profit within just a few hours during a period of sharp market volatility.

As Bitcoin (BTC) and Ether (ETH) prices fell sharply, many traders were hit with liquidations that erased more than $1 billion in leveraged positions. During the sell-off, one trader managed to time a short that paid off in a big way. Whether it was luck, timing or experience isn’t clear.

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