BUSINESSApr 25 · 03:26 UTCR/CRYPTOCURRENCY/u/Woodpecker5987

Trader Opens $50.6M BTC Short Before Trump’s Crypto Speech

An anonymous trader opened a $50.6M short position on BTC perpetual futures on Hyperliquid ahead of President Trump’s crypto speech. The leveraged bet, noted in the 10-16x range, sparked debates about market conviction or insider information.

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Mentioned

Hyperliquid decentralized exchangeorganizationDonald J. TrumppersonBTC perpetual futurestopicshort positiontopicBitcointopic

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