Updated: 24.04.2026
- The largest short in recent days has opened on DEX Hyperliquid $ 50,6 million.
- With Trump’s upcoming appearance at an event in Mar-a-Lago, the community is suspecting another insider deal.
On April 24, 2026, a trader opened a large short position worth $50,6 million against Bitcoin (BTC) in anticipation of US President Donald Trump’s speech at a crypto conference scheduled for April 25, 2026, at Mar-a-Lago. This large position immediately raised suspicions of insider trading.
An anonymous trader opened a massive short position of $50,6 million in BTC perpetual futures on the decentralized exchange Hyperliquid. As can be seen from indicators control panel, a large bet with 10-16x leverage appeared shortly before President Trump’s scheduled speech the following day.
Given that this was one of the largest short positions in recent days, many suspected that the issue was not user confidence, but rather confidential information.
Knowing the main newsmaker who allows certain individuals to manipulate stock and cryptocurrency prices, community members recalled an event at Mar-a-Lago for the 297 largest TRUMP token holders. Twenty-nine of them, the wealthiest, will receive VIP access, and they will be joined by celebrities such as Mike Tyson and Tony Robbins.
This massive trade simply follows a pattern of large positions emerging in unusually short periods of time just before Trump makes major announcements. Trump himself rejects Insider trading concerns:
Unfortunately, the world has become something like a casino… what is, is.
Indeed, short oil positions and long Bitcoin positions placed immediately before Trump’s ceasefire or policy change announcements produced quick profits for particularly “lucky traders.”
On the evening of April 24 Bitcoin bargained at $77,613, down 0,3% over the past 24 hours. Token TRUMP rose up up 1,1% to $2,90 in a day, showing modest fluctuations in the lead-up to the event.
The cryptocurrency market as a whole showed consolidation with no signs of abnormal volatility, liquidation cascades, or changes in sentiment associated with the $50,6 million short squeeze.
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