How an anonymous trader made $192M shorting one of the biggest crypto crashes
A single anonymous trader saw the crash coming and capitalized on it, earning $192 million in just a few hours.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
A single anonymous trader saw the crash coming and capitalized on it, earning $192 million in just a few hours.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Inside the brutal 2-minute flash crash sending a $400M South Korean market plunging on Hyperliquid
A two-minute price shock in a Hyperliquid market tied to South Korea’s SK Hynix has put the mechanics and oversight of equity-link...
Schwab rebrands $232M crypto ETF with NLP buzzword without changing a single investment
Schwab Asset Management put “natural language processing” front and center in the name of its $232 million crypto-equity ETF, four...
Fed decision headlines two weeks of inflation and jobs data
TL;DR The Federal Reserve announces its rate decision on Wednesday, July 29, with no dot plot at this meeting, followed a day late...
Escaping Jack Dorsey’s BTC miners cost $41.9 million
Core Scientific, starting in 2024, handed Jack Dorsey’s Block at least $67.9 million for BTC mining chips. It then booked a $41.9...
Crypto rugger Bastille doxxed, accused of abuse by former partner
Infamous crypto scammer Bastille has apparently been doxxed by a former partner who has accused him of rape, financial manipulatio...
US-Saudi coalition strikes Iran-backed forces in Iraq, oil spikes over 4% as crypto traders brace for volatility
The US-Saudi strikes heighten geopolitical tensions, impacting global markets by driving oil prices up and increasing crypto marke...