- The whale collapsed on 1 March $ 5.9 million USDC in Hyperliquid in Hyperliquid and prepared for high-risk leveling positions.
- Trump announced BTC and ETH’s recording in the crypto reserve, only 35 minutes after the Whale’s ETH trade.
A cryptocurrency trader played on speculation of prior knowledge trade after performing a very leverage trade, just a few hours before former US President Donald Trump confirms the recording of Bitcoin [BTC] and Ethereum [ETH] In the US Crypto Strategic Reserve.
The trader entered massive long positions on BTC and ETH with 50x leverage, and within a day they made more than $ 6.8 million in profit.
The precision of trade timing – perfectly explained with Trump’s explanation – has expressed his concern within the crypto community about whether the trader had knowledge of the policy announcement.
Whale Walvis Bet
On March 1, the whale $ 5.9 million USDC collapsed Hyperliquid in preparation for livered transactions.
Source: Hyperliquid Explorer
They opened Bitcoin long positions at $ 85,908 and Ethereum long positions at $ 2,197 with 50x leverage.
On March 2, the trader placed his first Ethereum long position at 2.49 pm UTC. 35 minutes later, Trump announced the recording of Bitcoin and Ethereum in the US Crypto Strategic Reserve.
The announcement led to a Marktrally that pushed Bitcoin past $ 94,000 and Ethereum considerably higher.
The trader has capitalized this rally by closing Bitcoin positions between $ 87,332 and $ 91,399 for substantial profit.
By March 3, most of the whale positions were ClosedWhich results in realized profit of more than $ 6.8 million.
Source: HYPERDASH
The non -realized PNL of the trader was on March 2 at 7:39 am UTC to $ 3.3 million and peaked at $ 8.05 million on 3 March at 1:20 am UTC.
After that, not -realized PNL between $ 36k and $ 44k were stabilized when positions were closed. The total position value of the bill remained stable around $ 740k this period.
Source: HYPERDASH
The wider cryptomarkt added more than $ 300 billion to market capitalization within a few hours of the announcement.
Was it prior knowledge trade? Crypto community responds
The almost perfect implementation of this trade has led to many people wondering whether the trader had access to privileged information. Analysts at the Kobeissi letter pointed From the suspicious timing in a broadly shared post:
“This is unusual. 24 hours ago, someone took $ 200,000,000 at Ethereum and Bitcoin Longs on 50x leverage. This meant that even a decrease of 2% Bitcoin would liquidate $ 200 million. Today President Trump announced the American Crypto reserve, including BTC and ETH. Did anyone know? “
Lace -up dealer Tyrion acts recognized The worries, but suggested that blockchain transparency makes prior knowledge trade more difficult to hide,
Source: X
Crypto Market crosses $ 300 billion on Trump’s announcement
This is not the first time that Trump has influenced the cryptocurrency markets. His earlier comments about digital assets were largely critical during his presidency.
His recent pivot in the direction of supporting a crypto reserve from an America First, however, is a considerable, tone shift.
Eric Trump also fed speculation days before the announcement when he posted “Buy the dips”, referring to the recent cryptomarket drops. This cryptic message now appears to be ahead of the subsequent market movements.
Market integrity at a crossroads?
The well -timed trade of the whale has again considered the discussions about the trade with prior knowledge in Crypto.
The blockchain ensures that all transactions are publicly traceable, but real -time access to market -moving information still gives Select Traders an unfair advantage.
The situation surrounding the suspect Bitcoin trade and Trump’s statement raises critical questions, in particular with regard to the possibility that the trader has prior knowledge of the statement.