WISSEY 1
185 Posts
WISSEY 1
Report
Block User
Prev @Binance @LBank @Bitrue | @BitgetIndiaKOC
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2 Followers
7 Liked
Posts
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$70M in shorts liquidated in last 60 minutes.
SHORT SQUEEZE... $BTC
$70M in shorts liquidated in last 60 minutes.
SHORT SQUEEZE... $BTC
SHORT SQUEEZE... $BTC
52
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ETFs bought $526,000,000 in $BTC yesterday.
ETFs sold $103,000,000 in $ETH and $6,720,000 in $SOL yesterday.
Liquidity is clearly moving out of alts and into Bitcoin.
ETFs bought $526,000,000 in $BTC yesterday.
ETFs sold $103,000,000 in $ETH and $6,720,000 in $SOL yesterday.
Liquidity is clearly moving out of alts and into Bitcoin.
ETFs sold $103,000,000 in $ETH and $6,720,000 in $SOL yesterday.
Liquidity is clearly moving out of alts and into Bitcoin.
69
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Bitcoin whale moved $34M in BTC it got in 2013 when coins traded at $131
A bitcoin wallet dormant since 2013 moved 411 $BTC, now worth about $34M.
It is one of several long-dormant wallets to wake up recently.
#BTC Price Analysis# #Macro Insights#
Bitcoin whale moved $34M in BTC it got in 2013 when coins traded at $131
A bitcoin wallet dormant since 2013 moved 411 $BTC, now worth about $34M.
It is one of several long-dormant wallets to wake up recently.
#BTC Price Analysis# #Macro Insights#
A bitcoin wallet dormant since 2013 moved 411 $BTC, now worth about $34M.
It is one of several long-dormant wallets to wake up recently.
#BTC Price Analysis# #Macro Insights#
39
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XRP Spot ETFs Record $1.84M Weekly Outflow: What Do the Numbers Really Tell Us?
$XRP spot ETFs recorded a net outflow of $1.8375 million during October 12–16, according to SoSoValue data.
But the bigger picture is worth examining.
The funds have attracted approximately $1.80 billion in cumulative net inflows, while their total net assets stand at around $1.47 billion. That's a gap of roughly $330 million.
The difference between cumulative inflows and current net assets is a useful indicator, but it isn't an exact measure of investors' unrealised losses. Fund expenses, the timing of investments and other factors can affect the comparison.
The weekly outflow is relatively small
The $1.84 million outflow represents just 0.125% of the funds' $1.47 billion in net assets.
That is a small movement relative to the overall size of these products. While the shift from inflows to outflows deserves attention, one week of data isn't enough to establish a broader change in investor sentiment.
Three funds accounted for the reported net flows
- Bitwise XRP: −$3.0089 million
- Canary XRPC: −$2.4734 million
- Franklin Templeton XRPZ: +$3.6448 million
Together, these figures equal the reported weekly net outflow of $1.8375 million.
Franklin Templeton's inflows partially offset the withdrawals recorded by Bitwise and Canary. However, these figures alone don't prove that investors moved their money between the funds.
What does this mean for XRP?
The data show that cumulative ETF inflows remain substantial despite a negative week. At the same time, the decline in net assets highlights how changes in XRP's market price can affect the value of the funds.
Rather than reading too much into one week's flows, I'll be watching whether outflows continue, whether cumulative inflows remain resilient, and how XRP's price action develops.
#BTC Price Analysis# #Macro Insights#
XRP Spot ETFs Record $1.84M Weekly Outflow: What Do the Numbers Really Tell Us?
$XRP spot ETFs recorded a net outflow of $1.8375 million during October 12–16, according to SoSoValue data.
But the bigger picture is worth examining.
The funds have attracted approximately $1.80 billion in cumulative net inflows, while their total net assets stand at around $1.47 billion. That's a gap of roughly $330 million.
The difference between cumulative inflows and current net assets is a useful indicator, but it isn't an exact measure of investors' unrealised losses. Fund expenses, the timing of investments and other factors can affect the comparison.
The weekly outflow is relatively small
The $1.84 million outflow represents just 0.125% of the funds' $1.47 billion in net assets.
That is a small movement relative to the overall size of these products. While the shift from inflows to outflows deserves attention, one week of data isn't enough to establish a broader change in investor sentiment.
Three funds accounted for the reported net flows
- Bitwise XRP: −$3.0089 million
- Canary XRPC: −$2.4734 million
- Franklin Templeton XRPZ: +$3.6448 million
Together, these figures equal the reported weekly net outflow of $1.8375 million.
Franklin Templeton's inflows partially offset the withdrawals recorded by Bitwise and Canary. However, these figures alone don't prove that investors moved their money between the funds.
What does this mean for XRP?
The data show that cumulative ETF inflows remain substantial despite a negative week. At the same time, the decline in net assets highlights how changes in XRP's market price can affect the value of the funds.
Rather than reading too much into one week's flows, I'll be watching whether outflows continue, whether cumulative inflows remain resilient, and how XRP's price action develops.
#BTC Price Analysis# #Macro Insights#
$XRP spot ETFs recorded a net outflow of $1.8375 million during October 12–16, according to SoSoValue data.
But the bigger picture is worth examining.
The funds have attracted approximately $1.80 billion in cumulative net inflows, while their total net assets stand at around $1.47 billion. That's a gap of roughly $330 million.
The difference between cumulative inflows and current net assets is a useful indicator, but it isn't an exact measure of investors' unrealised losses. Fund expenses, the timing of investments and other factors can affect the comparison.
The weekly outflow is relatively small
The $1.84 million outflow represents just 0.125% of the funds' $1.47 billion in net assets.
That is a small movement relative to the overall size of these products. While the shift from inflows to outflows deserves attention, one week of data isn't enough to establish a broader change in investor sentiment.
Three funds accounted for the reported net flows
- Bitwise XRP: −$3.0089 million
- Canary XRPC: −$2.4734 million
- Franklin Templeton XRPZ: +$3.6448 million
Together, these figures equal the reported weekly net outflow of $1.8375 million.
Franklin Templeton's inflows partially offset the withdrawals recorded by Bitwise and Canary. However, these figures alone don't prove that investors moved their money between the funds.
What does this mean for XRP?
The data show that cumulative ETF inflows remain substantial despite a negative week. At the same time, the decline in net assets highlights how changes in XRP's market price can affect the value of the funds.
Rather than reading too much into one week's flows, I'll be watching whether outflows continue, whether cumulative inflows remain resilient, and how XRP's price action develops.
#BTC Price Analysis# #Macro Insights#
62
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The 37th quarterly BNB burn has been completed directly on $BNB Smart Chain (BSC).
~1.64M $BNB has been burned, worth approximately $1.197B USD : https://www.bnbchain.org/en/blog/37th-bnb-burn
The 37th quarterly BNB burn has been completed directly on $BNB Smart Chain (BSC).
~1.64M $BNB has been burned, worth approximately $1.197B USD : https://www.bnbchain.org/en/blog/37th-bnb-burn
~1.64M $BNB has been burned, worth approximately $1.197B USD : https://www.bnbchain.org/en/blog/37th-bnb-burn
67
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ETFs sold $228 million in $BTC, $320 million in $ETH, and $25 million in $SOL this week.
Ethereum had more outflow than Bitcoin and Solana combined.
ETFs sold $228 million in $BTC, $320 million in $ETH, and $25 million in $SOL this week.
Ethereum had more outflow than Bitcoin and Solana combined.
Ethereum had more outflow than Bitcoin and Solana combined.
84
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US Treasury will buy back $6 Billion of its own debt tomorrow
People are too focused on short term dips and completely forgetting that the Fed and Treasury have started injecting liquidity into the system. $BTC
#BTC Price Analysis# #Macro Insights#
US Treasury will buy back $6 Billion of its own debt tomorrow
People are too focused on short term dips and completely forgetting that the Fed and Treasury have started injecting liquidity into the system. $BTC
#BTC Price Analysis# #Macro Insights#
People are too focused on short term dips and completely forgetting that the Fed and Treasury have started injecting liquidity into the system. $BTC
#BTC Price Analysis# #Macro Insights#
29
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$80,500 breaks, you know the rest, right?
$BTC
#BTC Price Analysis# #Macro Insights#
$80,500 breaks, you know the rest, right?
$BTC
#BTC Price Analysis# #Macro Insights#
$BTC
#BTC Price Analysis# #Macro Insights#
47
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A whale is selling $BTC and buying $ETH.
This week, he has sold $89,000,000 in Bitcoin and bought 36,159 Ethereum.
Smart money knows ETH has way more upside than BTC this cycle.
A whale is selling $BTC and buying $ETH.
This week, he has sold $89,000,000 in Bitcoin and bought 36,159 Ethereum.
Smart money knows ETH has way more upside than BTC this cycle.
This week, he has sold $89,000,000 in Bitcoin and bought 36,159 Ethereum.
Smart money knows ETH has way more upside than BTC this cycle.
57
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ETFs bought $175,620,000 in $BTC and $24,840,000 in $ETH yesterday.
ETFs sold $1,040,000 in $SOL and $5,190,000 in $ZEC yesterday.
ETFs bought $175,620,000 in $BTC and $24,840,000 in $ETH yesterday.
ETFs sold $1,040,000 in $SOL and $5,190,000 in $ZEC yesterday.
ETFs sold $1,040,000 in $SOL and $5,190,000 in $ZEC yesterday.
1
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A hardware wallet is supposed to protect your crypto. But what happens when the device itself has been physically tampered with?
A disturbing incident involving Ledger devices has raised exactly that question, with on-chain data, approximately $92.9 M in suspected thefts across 311 wallets.
Former Mt. Gox CEO Mark Karpelès reported discovering an unauthorized circuit board hidden behind the screen padding of a Ledger device he obtained in Malaysia.
According to his examination, the additional hardware appeared to include a microcontroller, cellular communications components, an antenna and an eSIM.
His concern is that the implant could monitor information sent to the screen during initial setup, potentially capturing a recovery phrase as it is displayed.
A hardware attack can target the physical device without necessarily breaking its underlying cryptography.
Why the Genuine Check May Not Be Enough.
Ledger's Genuine Check helps verify the authenticity of a device's security components. But a successful check does not guarantee that every physical component is free from unauthorized modifications.
That means a device could appear genuine in software while still requiring scrutiny of its physical supply chain.
This is why the source of your device and the way you initialize it matter.
How to Protect Yourself.
1. Check where you bought it.
The confirmed cases reported so far involve devices linked to Southeast Asian reseller CryptoBilis. Ledger has asked the reseller to suspend sales while the investigation continues.
Don't assume every third-party device is compromised, but take any warning about your specific reseller or batch seriously.
2. Never trust a pre-initialized wallet.
3. Don't rely on shrink-wrap or software checks alone.
4. If you've already used a potentially move your assets to a wallet generated on a known-safe device using a completely new recovery phrase. $BTC
#BTC Price Analysis# #Macro Insights#
A hardware wallet is supposed to protect your crypto. But what happens when the device itself has been physically tampered with?
A disturbing incident involving Ledger devices has raised exactly that question, with on-chain data, approximately $92.9 M in suspected thefts across 311 wallets.
Former Mt. Gox CEO Mark Karpelès reported discovering an unauthorized circuit board hidden behind the screen padding of a Ledger device he obtained in Malaysia.
According to his examination, the additional hardware appeared to include a microcontroller, cellular communications components, an antenna and an eSIM.
His concern is that the implant could monitor information sent to the screen during initial setup, potentially capturing a recovery phrase as it is displayed.
A hardware attack can target the physical device without necessarily breaking its underlying cryptography.
Why the Genuine Check May Not Be Enough.
Ledger's Genuine Check helps verify the authenticity of a device's security components. But a successful check does not guarantee that every physical component is free from unauthorized modifications.
That means a device could appear genuine in software while still requiring scrutiny of its physical supply chain.
This is why the source of your device and the way you initialize it matter.
How to Protect Yourself.
1. Check where you bought it.
The confirmed cases reported so far involve devices linked to Southeast Asian reseller CryptoBilis. Ledger has asked the reseller to suspend sales while the investigation continues.
Don't assume every third-party device is compromised, but take any warning about your specific reseller or batch seriously.
2. Never trust a pre-initialized wallet.
3. Don't rely on shrink-wrap or software checks alone.
4. If you've already used a potentially move your assets to a wallet generated on a known-safe device using a completely new recovery phrase. $BTC
#BTC Price Analysis# #Macro Insights#
A disturbing incident involving Ledger devices has raised exactly that question, with on-chain data, approximately $92.9 M in suspected thefts across 311 wallets.
Former Mt. Gox CEO Mark Karpelès reported discovering an unauthorized circuit board hidden behind the screen padding of a Ledger device he obtained in Malaysia.
According to his examination, the additional hardware appeared to include a microcontroller, cellular communications components, an antenna and an eSIM.
His concern is that the implant could monitor information sent to the screen during initial setup, potentially capturing a recovery phrase as it is displayed.
A hardware attack can target the physical device without necessarily breaking its underlying cryptography.
Why the Genuine Check May Not Be Enough.
Ledger's Genuine Check helps verify the authenticity of a device's security components. But a successful check does not guarantee that every physical component is free from unauthorized modifications.
That means a device could appear genuine in software while still requiring scrutiny of its physical supply chain.
This is why the source of your device and the way you initialize it matter.
How to Protect Yourself.
1. Check where you bought it.
The confirmed cases reported so far involve devices linked to Southeast Asian reseller CryptoBilis. Ledger has asked the reseller to suspend sales while the investigation continues.
Don't assume every third-party device is compromised, but take any warning about your specific reseller or batch seriously.
2. Never trust a pre-initialized wallet.
3. Don't rely on shrink-wrap or software checks alone.
4. If you've already used a potentially move your assets to a wallet generated on a known-safe device using a completely new recovery phrase. $BTC
#BTC Price Analysis# #Macro Insights#
45
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Tom Lee buys $31,000,000 in $ETH last week.
Non-stop accumulation.
Tom Lee buys $31,000,000 in $ETH last week.
Non-stop accumulation.
Non-stop accumulation.
57
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New whale demand for $BTC is breaking all records
Guess what happens next
New whale demand for $BTC is breaking all records
Guess what happens next
Guess what happens next
72
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XRP had a hidden minting bug for years that let one transaction print more $XRP than all 100 BILLION in existence
The bug lived inside the XRP Ledger payment engine
Stack enough offers and the XRP total overflowed and wrapped around
The result was spendable XRP created out of nothing
The safety check built to stop that had the exact same flaw
A researcher reported it on September 22
The patch shipped September 25
It skipped the normal amendment vote entirely
Over 80% of default validators upgraded the same day
The public only found out yesterday
No evidence it was ever exploited
Three days to fix a decade old bug is impressive until you remember the fix only worked because nobody waited for permission
#BTC Price Analysis# #Macro Insights#
XRP had a hidden minting bug for years that let one transaction print more $XRP than all 100 BILLION in existence
The bug lived inside the XRP Ledger payment engine
Stack enough offers and the XRP total overflowed and wrapped around
The result was spendable XRP created out of nothing
The safety check built to stop that had the exact same flaw
A researcher reported it on September 22
The patch shipped September 25
It skipped the normal amendment vote entirely
Over 80% of default validators upgraded the same day
The public only found out yesterday
No evidence it was ever exploited
Three days to fix a decade old bug is impressive until you remember the fix only worked because nobody waited for permission
#BTC Price Analysis# #Macro Insights#
The bug lived inside the XRP Ledger payment engine
Stack enough offers and the XRP total overflowed and wrapped around
The result was spendable XRP created out of nothing
The safety check built to stop that had the exact same flaw
A researcher reported it on September 22
The patch shipped September 25
It skipped the normal amendment vote entirely
Over 80% of default validators upgraded the same day
The public only found out yesterday
No evidence it was ever exploited
Three days to fix a decade old bug is impressive until you remember the fix only worked because nobody waited for permission
#BTC Price Analysis# #Macro Insights#
46
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BTC is down about 3% this week, bouncing back near $82.5K.
Liquidations and ETF outflows are weighing on sentiment, and all eyes are on Wednesday's CPI.
Volatility has cooled overall, but sudden big moves are still showing up more than they used to
Patience mostly pays. $BTC
#BTC Price Analysis# #Macro Insights#
BTC is down about 3% this week, bouncing back near $82.5K.
Liquidations and ETF outflows are weighing on sentiment, and all eyes are on Wednesday's CPI.
Volatility has cooled overall, but sudden big moves are still showing up more than they used to
Patience mostly pays. $BTC
#BTC Price Analysis# #Macro Insights#
Liquidations and ETF outflows are weighing on sentiment, and all eyes are on Wednesday's CPI.
Volatility has cooled overall, but sudden big moves are still showing up more than they used to
Patience mostly pays. $BTC
#BTC Price Analysis# #Macro Insights#
43
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ETFs sold $681,000,000 in $BTC and $542,000,000 in $ETH this week.
Huge outflow.
ETFs sold $681,000,000 in $BTC and $542,000,000 in $ETH this week.
Huge outflow.
Huge outflow.
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The U.S. government moved 12,267 $BTC worth roughly $1.01 B to new unlabeled addresses.
Naturally, the crypto community wants if the government preparing to sell, or simply reorganizing its Bitcoin holdings.
According to on-chain data from Arkham, on October 8, there was a transfer of Bitcoin seized in connection with the 2016 Bitfinex hack. No confirmed sales yet.
About the Coinbase Prime Transfers.
The latest move followed other government-linked Bitcoin transfers involving Coinbase Prime.
$383 M was moved in and a day while $770 M across a broader period.
Also, no confirmed sales yet.
What Does the Strategic Bitcoin Reserve Mean?
In March 2025, the White House issued an executive order establishing a Strategic Bitcoin Reserve.
Under the order, qualifying government Bitcoin deposited into the reserve is to be held as a reserve asset rather than sold. The order also allows certain legal exceptions, including court-ordered dispositions and qualifying victim-related returns.
It also directs the Treasury and Commerce departments to develop budget-neutral strategies for acquiring additional Bitcoin. So the policy is not simply the government can never sell or acquire BTC.
Is This Bullish or Bearish for BTC?
For now, there is no confirmed evidence that the $1.01 B transfer was a market dump.
Moving BTC is not the same as selling BTC. We should rather check these scenarios for the situation:
1. Bearish scenario: BTC is eventually moved to trading venues and sold, creating potential supply pressure.
2. Neutral scenario: The government is consolidating wallets or changing custody arrangements.
3. Long-term bullish possibility: More government BTC is formally retained in the Strategic BTC Reserve, reducing the likelihood of routine sales subject to the order's terms and exceptions.
#BTC Price Analysis# #Macro Insights#
The U.S. government moved 12,267 $BTC worth roughly $1.01 B to new unlabeled addresses.
Naturally, the crypto community wants if the government preparing to sell, or simply reorganizing its Bitcoin holdings.
According to on-chain data from Arkham, on October 8, there was a transfer of Bitcoin seized in connection with the 2016 Bitfinex hack. No confirmed sales yet.
About the Coinbase Prime Transfers.
The latest move followed other government-linked Bitcoin transfers involving Coinbase Prime.
$383 M was moved in and a day while $770 M across a broader period.
Also, no confirmed sales yet.
What Does the Strategic Bitcoin Reserve Mean?
In March 2025, the White House issued an executive order establishing a Strategic Bitcoin Reserve.
Under the order, qualifying government Bitcoin deposited into the reserve is to be held as a reserve asset rather than sold. The order also allows certain legal exceptions, including court-ordered dispositions and qualifying victim-related returns.
It also directs the Treasury and Commerce departments to develop budget-neutral strategies for acquiring additional Bitcoin. So the policy is not simply the government can never sell or acquire BTC.
Is This Bullish or Bearish for BTC?
For now, there is no confirmed evidence that the $1.01 B transfer was a market dump.
Moving BTC is not the same as selling BTC. We should rather check these scenarios for the situation:
1. Bearish scenario: BTC is eventually moved to trading venues and sold, creating potential supply pressure.
2. Neutral scenario: The government is consolidating wallets or changing custody arrangements.
3. Long-term bullish possibility: More government BTC is formally retained in the Strategic BTC Reserve, reducing the likelihood of routine sales subject to the order's terms and exceptions.
#BTC Price Analysis# #Macro Insights#
Naturally, the crypto community wants if the government preparing to sell, or simply reorganizing its Bitcoin holdings.
According to on-chain data from Arkham, on October 8, there was a transfer of Bitcoin seized in connection with the 2016 Bitfinex hack. No confirmed sales yet.
About the Coinbase Prime Transfers.
The latest move followed other government-linked Bitcoin transfers involving Coinbase Prime.
$383 M was moved in and a day while $770 M across a broader period.
Also, no confirmed sales yet.
What Does the Strategic Bitcoin Reserve Mean?
In March 2025, the White House issued an executive order establishing a Strategic Bitcoin Reserve.
Under the order, qualifying government Bitcoin deposited into the reserve is to be held as a reserve asset rather than sold. The order also allows certain legal exceptions, including court-ordered dispositions and qualifying victim-related returns.
It also directs the Treasury and Commerce departments to develop budget-neutral strategies for acquiring additional Bitcoin. So the policy is not simply the government can never sell or acquire BTC.
Is This Bullish or Bearish for BTC?
For now, there is no confirmed evidence that the $1.01 B transfer was a market dump.
Moving BTC is not the same as selling BTC. We should rather check these scenarios for the situation:
1. Bearish scenario: BTC is eventually moved to trading venues and sold, creating potential supply pressure.
2. Neutral scenario: The government is consolidating wallets or changing custody arrangements.
3. Long-term bullish possibility: More government BTC is formally retained in the Strategic BTC Reserve, reducing the likelihood of routine sales subject to the order's terms and exceptions.
#BTC Price Analysis# #Macro Insights#
62
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Ledger users are getting drained with reported losses reaching $90M+
First Coldcard and now Ledger... crypto users are getting hit from every side. $BTC
Ledger users are getting drained with reported losses reaching $90M+
First Coldcard and now Ledger... crypto users are getting hit from every side. $BTC
First Coldcard and now Ledger... crypto users are getting hit from every side. $BTC
59
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Something unusual happened on Hyperliquid today.
According to on-chain data from Lookonchain, four fresh wallets deposited a combined 1M $USDC and entered a 40x shorts totaling 148.49 $BTC worth about $12.5 million with the $1M in USDC used as collateral.
Then BTC dropped below $84K.
The timing immediately raised the question: did these traders know something before the market moved?
Déjà Vu From October 2025.
In October 2025, another Hyperliquid trader became famous after opening roughly $1.1 B in BTC and $ETH shorts around the time of Donald Trump's announcement of 100% tariffs on Chinese imports.
The trader closed much of the position during the resulting crash and was reported to have made approximately $192 M.
The timing speculated that the trader had advance knowledge of the announcement and they referred the wallet to be an insider whale.
The alleged trader later denied connections to the Trump family and denied the accusations surrounding the trade.
Same Pattern, Different Evidence.
2025:
1. Fresh/linked wallets
2. Massive leveraged BTC/ETH shorts.
3. Positioning ahead of a major market-moving event
4. Huge profit after the market dropped
2026:
1. Four newly created wallets
2. $1M USDC collateral
3. 40x BTC shorts
4. $12.5M notional exposure
5. BTC dropped shortly afterward
But calling the 4 events the exact same setup goes too far.
The 2025 trade involved much larger BTC/ETH positions at roughly 10x–12x leverage, while today's trades were four 40x BTC positions. More importantly, neither event by itself proves insider trading.
So, is this an Insider Trading or Just Extremely Good Timing?
It might be whether it's an Information advantage, Sophisticated trading, Market reflexivity, or Pure timing.
The blockchain gives us the transactions, it doesn't automatically give us the identity, motive, or source of information behind them.
For now, let's describe it as highly suspiciously timed trading, not proven insider trading.
Something unusual happened on Hyperliquid today.
According to on-chain data from Lookonchain, four fresh wallets deposited a combined 1M $USDC and entered a 40x shorts totaling 148.49 $BTC worth about $12.5 million with the $1M in USDC used as collateral.
Then BTC dropped below $84K.
The timing immediately raised the question: did these traders know something before the market moved?
Déjà Vu From October 2025.
In October 2025, another Hyperliquid trader became famous after opening roughly $1.1 B in BTC and $ETH shorts around the time of Donald Trump's announcement of 100% tariffs on Chinese imports.
The trader closed much of the position during the resulting crash and was reported to have made approximately $192 M.
The timing speculated that the trader had advance knowledge of the announcement and they referred the wallet to be an insider whale.
The alleged trader later denied connections to the Trump family and denied the accusations surrounding the trade.
Same Pattern, Different Evidence.
2025:
1. Fresh/linked wallets
2. Massive leveraged BTC/ETH shorts.
3. Positioning ahead of a major market-moving event
4. Huge profit after the market dropped
2026:
1. Four newly created wallets
2. $1M USDC collateral
3. 40x BTC shorts
4. $12.5M notional exposure
5. BTC dropped shortly afterward
But calling the 4 events the exact same setup goes too far.
The 2025 trade involved much larger BTC/ETH positions at roughly 10x–12x leverage, while today's trades were four 40x BTC positions. More importantly, neither event by itself proves insider trading.
So, is this an Insider Trading or Just Extremely Good Timing?
It might be whether it's an Information advantage, Sophisticated trading, Market reflexivity, or Pure timing.
The blockchain gives us the transactions, it doesn't automatically give us the identity, motive, or source of information behind them.
For now, let's describe it as highly suspiciously timed trading, not proven insider trading.
According to on-chain data from Lookonchain, four fresh wallets deposited a combined 1M $USDC and entered a 40x shorts totaling 148.49 $BTC worth about $12.5 million with the $1M in USDC used as collateral.
Then BTC dropped below $84K.
The timing immediately raised the question: did these traders know something before the market moved?
Déjà Vu From October 2025.
In October 2025, another Hyperliquid trader became famous after opening roughly $1.1 B in BTC and $ETH shorts around the time of Donald Trump's announcement of 100% tariffs on Chinese imports.
The trader closed much of the position during the resulting crash and was reported to have made approximately $192 M.
The timing speculated that the trader had advance knowledge of the announcement and they referred the wallet to be an insider whale.
The alleged trader later denied connections to the Trump family and denied the accusations surrounding the trade.
Same Pattern, Different Evidence.
2025:
1. Fresh/linked wallets
2. Massive leveraged BTC/ETH shorts.
3. Positioning ahead of a major market-moving event
4. Huge profit after the market dropped
2026:
1. Four newly created wallets
2. $1M USDC collateral
3. 40x BTC shorts
4. $12.5M notional exposure
5. BTC dropped shortly afterward
But calling the 4 events the exact same setup goes too far.
The 2025 trade involved much larger BTC/ETH positions at roughly 10x–12x leverage, while today's trades were four 40x BTC positions. More importantly, neither event by itself proves insider trading.
So, is this an Insider Trading or Just Extremely Good Timing?
It might be whether it's an Information advantage, Sophisticated trading, Market reflexivity, or Pure timing.
The blockchain gives us the transactions, it doesn't automatically give us the identity, motive, or source of information behind them.
For now, let's describe it as highly suspiciously timed trading, not proven insider trading.
54
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