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Trader Opens $50.6M BTC Short Before Trump’s Crypto Speech

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by COINS NEWS 16 Views

Trader Opens $50.6M BTC Short Before Trump’s Crypto Speech

An anonymous trader has opened a massive $50.6M short position on BTC perpetual futures on the Hyperliquid decentralized exchange. The large leveraged bet visible in the 10-16x range based on dashboard metrics appeared shortly before President Trump’s scheduled keynote speech the following day.

On-chain alerts and trading data highlighted the position as one of the largest single shorts in recent days, amplifying discussions about whether this reflects genuine market conviction or privileged information.

submitted by /u/Woodpecker5987
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