Bitcoin Whale Closes $500M Short Amid Market Turmoil

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  $10B Hyperunit whale closes $500M Bitcoin short with $11.8M profit.
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  Move follows Bitcoin’s drop below $111,000 amid $638M liquidations.
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  U.S. government shifts $74.7M BTC, adding market speculation.

The mysterious $10 billion Hyperunit whale has fully closed its $500 million Bitcoin short position, as revealed by Arkham. This move comes amid a volatile market where Bitcoin plummeted below $111,000, triggering over $638 million in liquidations.

The whale, previously holding a substantial short position, had already secured an unrealized profit of $11.8 million before completing the closure, signaling a strategic exit as market conditions shifted. The decision follows a tumultuous week marked by a $19 billion market wipeout triggered by President Trump’s tariff threats on China, highlighting the whale’s prescient timing.

Arkham Data Reveals Multi-Billion Crypto Portfolio

Arkham’s data showcases the whale’s diverse portfolio, boasting 45.72K BTC valued at $5.16 billion, 773.39K ETH worth $3.18 billion, and significant holdings in USDC and ARKM. The closure of the short position, initially reported at $478 million with $15 million already closed,

reflects a cautious approach as the market braces for Federal Reserve Chair Jerome Powell’s upcoming speech on interest rates. Speculation is rife about the whale’s next move, with some suggesting it may signal insider knowledge of an impending market shift.

U.S. Government BTC Transfer Adds to Mystery

This development coincides with the U.S. government transferring $74.7 million in BTC to a new wallet, adding to the intrigue. The whale’s actions could influence market sentiment, especially as traders digest the recent crash and anticipate further volatility. For now, the crypto community watches closely, with tools like Arkham’s platform offering real-time insights into such high‑stakes maneuvers.