Trader who made $192M shorting the crypto crash is doing it again

The Hyperliquid trader made millions from short positions placed just minutes before Trump’s tariff announcement, sparking wild theories.

A huge crypto derivatives speculator that recently made $192 million betting on the crypto market with a curiously timed short has opened up more bearish positions. 

The whale trader (0xb317) on the Hyperliquid decentralized derivatives exchange has opened a $163 million leveraged perpetual contract to short Bitcoin (BTC) on Sunday.

The 10x leveraged position is currently valued at $3.5 million in profit, but it will be liquidated if BTC reaches $125,500.

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