Bitcoin News

Story: Crypto Whale Opens $163M Bitcoin Short Following $192M Win Amid Market Chaos

By Julie Binoche

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The Whale’s Latest Move. Blockchain analytics reveal that the whale, associated with wallet address 0xb317 on the…

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Accusations of Insider Trading. Crypto analysts have scrutinized the whale’s activity, noting that additional large short…

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Market Integrity and Oversight Concerns. The recent events highlight the risks inherent in unregulated crypto trading.

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Binance Faces Scrutiny Amid Rumors of Malfunction. Adding to the market uncertainty, Binance faced scrutiny after reports emerged of technical…

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Broader Market Context. The recent crypto turbulence coincided with growing political uncertainty in the U.S.

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Implications for Traders. The combination of high-leverage whale activity, volatile markets, and political uncertainty…

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Conclusion. The emergence of another massive short by a crypto whale underscores the continued influence of…

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A high-profile crypto whale has returned to the market with a massive new bet against Bitcoin, following a previous trade that netted nearly $192 million in profits.

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Blockchain analytics reveal that the whale, associated with wallet address 0xb317 on the decentralized derivatives platform Hyperliquid, opened a $163 million short position on…

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This follows a remarkably timed trade last week, when the same trader profited $192 million by shorting Bitcoin shortly before a market-wide plunge triggered by U.S. tariff news.

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Crypto analysts have scrutinized the whale’s activity, noting that additional large short positions were reportedly opened on both Bitcoin and Ethereum minutes before the crash.

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MLM, a crypto market analyst, remarked, “This trader played a huge role in what happened during the selloff.

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While some traders took advantage of the chaotic market conditions by opening long positions—such as an $11 million 40x leveraged long on Bitcoin—extreme volatility has reignited…

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The recent events highlight the risks inherent in unregulated crypto trading. Janis Kluge, a researcher at SWP Berlin, commented, “Crypto participants are seeing firsthand the…

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Decentralized platforms, while offering transparency in transaction data, lack the regulatory safeguards present in traditional markets, leaving traders exposed to the influence…

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