A newly active cryptocurrency wallet has made a large bet against Bitcoin and Ethereum, shorting them for a total of $109 million. This wallet has a perfect track record of successful predictions, and there’s speculation it may be connected to Donald Trump’s son. It’s gained attention for previously accurately forecasting significant world events.
Whenever this particular wallet makes a transaction, the market tends to react, and traders are preparing for a potential price drop.
$109M Short on Bitcoin and Ethereum
As a researcher tracking activity on Hyperliquid, I’ve noticed a significant move by one wallet. It simultaneously opened two large short positions on Bitcoin. Specifically, this trader is currently short 1,000 BTC, which represents a $67 million position based on an entry price of $67,992. Interestingly, this trade is already showing an unrealized profit of around $956,131.
Currently, the wallet holds a short position worth $41.2 million in ETH (20,000 ETH, valued at $2,131 per ETH), and has an unrealized profit of $1.35 million. The total value of all short positions is around $109 million, with no offsetting long positions.

This digital wallet has executed more than 200 trades, all of which have been profitable, suggesting either an incredibly skilled trader or someone with inside information, possibly connected to Donald Trump.
A lot of people in the crypto world believe this digital wallet is linked to someone close to Donald Trump, and some speculate it might even belong to a member of his family.
Same Wallet That Predicted the Iran War and Made $75 Million
This wallet wasn’t a sudden discovery. Experts who track blockchain activity have been monitoring it for months.
This trader gained notoriety by betting against Bitcoin and Ethereum – opening short positions worth over $1.1 billion – right before former President Trump announced a 100% tariff on goods from China. This strategy proved successful, netting the trader an estimated $160–200 million as the price of Bitcoin fell significantly.
The trader is said to have accurately foreseen the conflict in Iran, earning approximately $75 million. He now appears to be anticipating further U.S. military action against Iran, specifically strikes on infrastructure like bridges and power plants – a scenario previously discussed by Trump.
Arkham Intelligence refers to him as a major player with connections to Trump, but there’s no evidence he knew about Trump’s plans beforehand.
The April 6 Deadline
Here is where it gets really interesting and concerning for the market.
In a televised address on April 2nd, Donald Trump stated that Iran would face significant consequences within the next few weeks, potentially including attacks on infrastructure like bridges and power plants. Following this announcement, the price of Bitcoin fell by over 3%, dropping to around $66,309 and reversing a recent positive trend.
As I continue to monitor the situation, it’s important to note that US markets will resume trading on Monday, April 6th. This is also the day Donald Trump’s temporary suspension of certain actions is set to expire.
Shortly before this event, an anonymous digital wallet initiated a large bet against the market – a $109 million “short position.” This suggests the wallet’s owner anticipates Donald Trump might announce some kind of military involvement over the weekend, and expects the markets to fall as they have in similar situations.
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2026-04-03 16:22