‘Smart’ Trader Earns $6.8 Million with Well-Timed Trade

The crypto market always leaves room for surprises, and this time it’s a trader on Hyperliquid stealing the show. With a clever – or perhaps suspiciously well-timed – move, he managed to make a profit of $6.8 million by going long on Bitcoin (BTC) and Ethereum (ETH) with a 50x leverage. This happened just before President Donald Trump’s announcement of a U.S. Crypto Strategic Reserve on Sunday, March 2, 2025. But how coincidental was this success really?

The Transaction: Risk and Reward

According to Lookonchain the trader deposited 6 million USDC on Hyperliquid, a decentralized derivatives exchange, and opened aggressive long positions on BTC and ETH. With a 50x leverage, it was an all-or-nothing game: a 2% drop could have wiped out his position. But at 09:49 ET he started building his ETH longs, between $2,190 and $2,202, as Hyperdash shows. Just 35 minutes later, at 10:24 ET, Trump dropped his bomb on Truth Social: a reserve of BTC, ETH, XRP, Solana (SOL), and Cardano (ADA) would make the U.S. the “crypto capital”.

The market exploded. Bitcoin shot up to $94,378 (+10%), Ethereum to $2,540 (+14.6%), according to CoinGecko. The trader played it smart: he closed his positions in phases, with BTC exits between $87,500 and $91,399 and ETH above $2,270. By Sunday afternoon, he had $6.8 million in his pocket – a dream return on a lightning-fast trade.

Suspicious Timing?

The timing raises some eyebrows. 35 minutes before Trump’s post, this whale started stacking – too short a time to rely purely on speculation, some say. Was it brilliant market insight or insider information? Nobody knows for sure. Trump’s Executive Order on Digital Assets from January 2025 already hinted at a crypto reserve, but the addition of altcoins like XRP, SOL, and ADA came as a surprise. Posts on X speculate wildly: from “genius gamble” to “someone knew more”. Without evidence, it remains guesswork, but the precision of the move fuels the discussion.

For the Hyperliquid trader, this was a masterstroke: $6.8 million in a day, risk rewarded. But the market looks further. If the Presidential Working Group concreteizes this reserve plan, it could give altcoins a lasting boost. For now, the question remains: coincidence or tip-off? The crypto world is watching – and the next Trump tweet could just as well bring more fireworks. Timing is everything, and this whale knew that like no other.