An anonymous trader has opened a $160 million short position on Bitcoin through the decentralized platform Hyperliquid, following the announcement of new tariffs by the Trump administration. This trader, known for accurately predicting market downturns, previously profited over $150 million by shorting the market just before a similar tariff announcement.
The timing of the current trade has led some analysts to speculate about potential insider information, especially given the trader's alleged connections to former BitForex executive Garrett Jin. The position currently shows $5 million in unrealized gains.
Anonymous Trader Opens $160M Bitcoin Short Amid Tariff News
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