#TrumpTariffs Whale Nets $3.5M Profit Shorting BTC, ETH, and SOL on Hyperliquid
A crypto whale deposited $50.5 million USDC to Hyperliquid, a decentralized perpetuals trading platform, to open 5x short positions on Bitcoin (BTC), Ethereum (ETH), and Solana (SOL). As the market dipped, the leveraged bet turned profitable—yielding over $3.5 million in unrealized gains.
Key Points:
Platform Used: Hyperliquid (DeFi perp DEX)
Leverage: 5x short on BTC, ETH, and SOL
Profit: ~$3.5 million unrealized
Timing: Aligned with a broader market downturn, possibly triggered by macroeconomic concerns
Implications for Traders:
Whale activity on-chain can signal potential market trends.
High-leverage trading can yield outsized gains—or losses—depending on timing.
Hyperliquid and similar platforms are becoming go-to venues for large, decentralized trades.
With the crypto market watching closely, the whale could either cash in profits or add to shorts if bearish sentiment deepens.