Trader Turns $4M Into $6.8M With Bold Bitcoin $BTC Bet Ahead of Trump’s$TRUMP Crypto Reserve Announcement

A high-stakes crypto trader made headlines after turning a daring $4 million bet into a $6.8 million profit—thanks to perfect timing and nerves of steel.

On Sunday, the anonymous trader opened a massive $200 million long position on bitcoin $BTC (BTC) via the decentralized derivatives platform Hyperliquid. Using 50x leverage, the trader entered the market at $85,908 per BTC, placing the position just inches from danger with a liquidation price of $84,752. At one point, bitcoin's price came within $50 of triggering a full liquidation, which would have wiped out the entire collateral.

However, the risk paid off. Not long after the position was opened, U.S. President Donald Trump shocked the crypto world by announcing the creation of a national crypto reserve. The move sparked a surge in bitcoin’s price, resulting in a market-wide rally—and a multi-million-dollar payday for the trader.

The high-risk, high-reward move exemplifies the volatile nature of crypto markets and how quickly fortunes can change with the right (or wrong) news.