On the eve of the crypto world becoming a "river of blood," a mysterious "whale" precisely shorted and made $200 million in just 30 minutes!
``` Just half an hour before Trump announced his tariff policy, a mysterious "whale" account set up huge short positions in Bitcoin and Ethereum on the decentralized exchange Hyperliquid. As soon as the policy news was released, the market collapsed, and this address made nearly $200 million in profit in a single day. On-chain data and the grim state of the market both point to one thing, prompting reflection in the market: in the cryptocurrency space—which is touted as the financial frontier of “decentralization”—power and information seem to be becoming re-centralized in a more covert and efficient way. Meanwhile, over 1.6 million investors became the fuel for this feast. Whales rake in profits while the market is littered with bodies On October 10th Eastern Time, impacted by Trump’s tariff threats, the cryptocurrency market plummeted. However, just before the announcement, a mysterious whale had accurately set up massive short positions on Hyperliquid, a decentralized exchange. On-chain data publicly available from just this one platform, Hyperliquid, confirms that this “prophet” reaped more than $190 million in profits in just a single day. And this may only be the tip of the iceberg for the prophet’s huge gains. On-chain analyst account mlmabc commented: “This is only what’s public on Hyperliquid. Imagine what he did on centralized exchanges (CEX) or elsewhere. I’m very sure this guy played an important role in today’s events.” Behind the massive profits of the whale is the devastation of the broader market. Within 24 hours, $19.1 billion in leveraged positions were wiped out across the network, setting a historical record; over 1.62 million people were forcibly liquidated, losing everything. The total market capitalization of the entire crypto market evaporated by more than 10% in just one day. A perfect “harvesting system” A single accurate prediction might be attributed to outstanding analytical abilities. But when such a “prediction” aligns precisely with a major policy announcement and finally results in one party making huge profits while the other suffers huge losses, the mechanism behind it deserves deep consideration. The logic of this incident is actually not complicated, as summarized by Sleepy.txt: “As soon as the policy is announced, the market experiences extreme volatility. The core circle closes positions and exits, reaping huge profits; retail investors become the bag holders or get wiped out. The SEC turns a blind eye, Congress refuses to investigate, and the law becomes a dead letter.” This structural, highly efficient system mainly consists of the following parts: 1. Signal source: Major, publicly announced policies (such as tariffs) that cause severe market volatility serve as the starting gun for the game. 2. Information advantaged parties: The “core circle” that can access information in advance or accurately interpret high-level intentions, enabling them to plan ahead. 3. Harvesting tools: Highly leveraged financial derivatives that amplify information advantages and maximize profits. 4. Regulatory vacuum: Agencies that are supposed to supervise (such as the SEC) and legislative bodies (Congress) are accused of “turning a blind eye” and “refusing to investigate,” rendering the law effectively useless. The operation of this system is almost flawless. It requires no secret meetings, no underground dealings—everything happens in broad daylight, yet no one can stop it. And so, the story repeats itself. The next tariff, the next policy announcement, will be the next round of harvesting. Risk Warning and Disclaimer The market carries risks and investment should be approached cautiously. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether the opinions, views, or conclusions in this article are suitable for their own particular situation. Investing based on this information is at your own risk. ```