A mystery wallet tracked on Hyperliquid has opened two massive short positions simultaneously: 1,000 BTC worth $67 million at an entry price of $67,992, with an unrealized profit of $956,131, and 20,000 ETH worth $41.2 million at $2,131, showing $1.35 million in unrealized gains. The combined short exposure totals approximately $109 million, with no long positions open.
The wallet has completed over 200 trades with a reported 100% win rate, leading many in the crypto community to suspect it belongs to someone inside Trump's inner circle, possibly a family member.
$109M Short Bet Details
The shorts were opened just before the April 6 deadline, betting that Trump will announce new military strikes on Iran over the weekend. On April 2, Trump gave a primetime speech vowing to hit Iran “extremely hard,” targeting bridges and power plants, which sent Bitcoin down over 3% to around $66,309.
Wallet History: From Tariff War to Iran Conflict
This wallet first gained attention when it opened over $1.1 billion in BTC and ETH shorts right before Trump announced 100% tariffs on Chinese imports, pocketing an estimated $160–200 million as Bitcoin slumped. Later, it reportedly predicted the Iran conflict, netting around $75 million. Arkham Intelligence calls the trader a “Trump insider whale,” though there is no confirmed proof of insider knowledge.
April 6 Deadline: Betting on Another Weekend Strike
Trump’s 10-day pause on strikes ends Monday, April 6, when U.S. markets reopen. The wallet's $109 million short position, already showing over $2.3 million in unrealized profit, appears to wager that new military action against Iran will pressure markets again. Traders are now closely watching for any weekend developments.