The plot thickens: A "whale" on HyperLiquid placed over $23 MILLION of shorts at 4:49 PM ET yesterday, per Coffeezilla. Exactly 1 MINUTE later, President Trump announced 100% tariffs on China leading to the largest liquidation in crypto history. Is this the best crypto trade of the year?
It's official: Crypto just saw its LARGEST liquidation event in history with 1.6 MILLION traders liquidated. Over $19 BILLION worth of leveraged crypto positions were liquidated in 24 hours, 9 TIMES the previous record. Why did this happen? Let us explain. (a thread) https://x.com/KobeissiLetter/status/1977005754289996073/photo/1
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