Mysterious Hyperliquid dealer is doubling down on their Bitcoin brief

The Hyperliquid whale that banked $192 million shorting the latest market crash has doubled down on their new brief place, having now loaded up virtually half a billion over the previous two days.

In keeping with information from Hyperliquid block explorer Hypurrscan, the whale now has a brief place value round $496 million, at 10x leverage and a Bitcoin (BTC) liquidation value of $124,270.

The whale has greater than doubled their wager since yesterday, after initially opening the place with $163 million. It marks one more aggressive transfer betting towards the market over the previous week. 

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The crypto investor shot up on the radar two months in the past with a whopping $11 billion value of BTC of their holdings. Final week, they opened up $900 million value of shorts on BTC and Ether (ETH).     

The whale gained consideration once more after opening a curiously timed brief place lower than an hour earlier than US President Donald Trump’s tariff announcement on Friday, which led to the crypto market crashing in its aftermath. 

The group has dubbed the pockets proprietor as “insider whale,” given the unusual timing of the brief. 

Who is that this notorious whale? 

The id behind the pockets has not been confirmed; nonetheless, blockchain sleuths over the weekend pointed to a possible connection to Garrett Jin, the previous CEO of BitForex, a now-defunct crypto change.