Businessman who made $ 192m shorting Crypto crashing is betting against Bitcoin again
A businessman who pocketed $ 192 million BTC’s shorting earlier Wiptoout last week was reloaded with a huge bearish position while market attempts to recover from Trump’s tariff shock.
The purse, identified as 0xb317 on the decentralized platform of Hyperliquid derivatives, opened a new $ 163 million short position in Bitcoin late week, Data from Hypurrscan Shut up. The position is 10X leveraged and has $ 3.5 million income during the afternoon hours in Asia with a degree of extermination of $ 125,500.
The same entrepreneur first drew attention on Friday when it opened a massive short nearly 30 minutes before Donald Trump’s surprise surprise 100% tariffs on Chinese imports-a step that removed more than $ 19 billion in the crypto market value and triggered the largest day of market repairs.
The perfect -time bet led to a gain of nearly $ 200 million, which sparked speculation -Haka that the creature could have the forefront of the policy shift.
On-chain and merchants analysts have since called the address of a “whale whale.” Some argue that the position itself can speed up the crash.
🚨 This hyperliquid whale opens shorts just 30 minutes before Trump announced 100% tariffs in China. He closed the goods for $ 192 million in income. These accounts are now opened and he has removed most of the money
Lucky whale or insider?
Cc @martypartymusic pic.twitter.com/uwv5lbsj5n
– Ash Crypto (@ashcryporeal) October 11, 2025
What is hyperliquid and why it is important
Hyperliquid is the largest decentralized ongoing exchange that allows entrepreneurs to open futures with high -leverage directly to the chain, without relying on centralized mediators such as Binance or OKX.
It has become a favorite of high -frequency entrepreneurs and whales due to deep liquidity, transparent order books, and rapid implementation, making it one of several defi platforms capable of facilitating institutional flows.
The auto-deleveraging platform also features, or a built-in safety mechanism that prevents bad debt during severe volatility. When the insurance funds are drained, ADL is forcing the profitable positions to cover losses from bankrupt accounts. It ensures solvency, but it can also aggravate sellers, as profitable merchants have become liquid to balance the system.
More than 6,000 Dompets were hit during the ADL-trigger flush of the weekend, according to hypertracker data, which wiped over $ 1.2 billion in the Hyperliquid businessman’s capital capital.
The new short adds intrigue to a side market as participants continue to assess the effects of Contagion following the slide over the weekend.
