One Trader Earns Millions Betting $200M on BTC Ahead of Trump’s Crypto Reserve Announcement
A trader on the decentralized derivatives platform Hyperliquid made headlines by using 50x leverage to open a staggering $200 million long position on bitcoin, generating a profit of approximately $6.8 million. This move came after former U.S. President Donald Trump announced a national cryptocurrency reserve, which triggered a broad Market rally. The trader’s entry point ...