Crypto Whale Opens $163M Short on Bitcoin
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A massive crypto derivatives trader on Hyperliquid has opened a $163 million 10x leveraged short on Bitcoin, just days after profiting $192 million from a perfectly timed short around Trump’s tariff announcement. The position is currently $3.5 million in profit but will be liquidated if BTC hits $125,500. The entity is being dubbed an “insider whale” for its uncanny timing.