this mystery whale made $192m shorting the crash. now he’s betting against bitcoin again

a wallet on hyperliquid with the address 0xb317 has everyone in crypto talking. this same trader reportedly made $192 million shorting bitcoin right before trump’s tariff announcement last week. the timing was suspiciously perfect, and now they’ve opened another $163 million short position on bitcoin.

the new short is using 10x leverage, with liquidation around $125,500, and it’s already showing small profits. people are calling this wallet the “insider whale” because the trades line up so closely with major market moves that it’s hard to believe it’s just luck.

some think the original short may have helped trigger or amplify the $19b liquidation cascade. others say it’s just someone who’s insanely good at reading the market. either way, it’s rare to see one address move markets like this.

binance is still cleaning up after last week’s chaos, offering $283m in compensation to traders affected by depegged tokens.

nobody knows who this whale is or where the info is coming from. but if bitcoin dumps again and this wallet wins twice in a row, regulators might start paying attention.