A prominent crypto whale, reportedly connected to President Trump’s “inner circle,” has once again attracted the market’s attention.

This time, the whale closed a $200M Bitcoin short position on Wednesday night, as the asset was trading around $108,000.

Just hours later, $BTC began to push higher and is now trading above $111,000. Reports indicate that the wallet made a profit of $6.4 million from the trade.

The whale wallet gained notoriety earlier this month for a series of precisely timed trades. It shorted both $BTC and $ETH before the October 10 liquidation cascade, which wiped out $19B of open interest (mostly long positions) across major exchanges.

Based on on-chain data, the wallet has now made nearly $100M in total profits on the decentralized perpetuals exchange Hyperliquid. This amount has cemented the wallet’s reputation as one of the sharpest traders in the market and possibly, a “Trump Insider.”

It’s worth noting, however, that the Trump connection has been publicly denied. The account was confirmed to belong to former BitForex CEO Garrett Jin, who claimed it’s his “client’s fund,” with no connection to the President.

Regardless, the timing of the whale’s most recent trades has sparked renewed speculation.

Many traders view the closure of such a large short position as an early indication of a shift in sentiment, potentially signaling a near-term bottom. In fact, the US inflation data released today was below expectations, which could boost overall market optimism.

With whales reducing their bearish exposure and confidence in Bitcoin rebounding, the market’s focus is now shifting toward next-generation infrastructure plays. Few are as well-positioned to benefit from this trend as Bitcoin Hyper ($HYPER).

Bitcoin Hyper ($HYPER): The Layer-2 Revolution for Bitcoin’s Next Era

Bitcoin Hyper ($HYPER) is an innovative Layer-2 network designed to enhance speed, scalability, and efficiency on the Bitcoin network — all while maintaining its core principles of security and decentralization.

At its core, $HYPER employs zero-knowledge rollups (ZK-rollups) to batch and verify transactions off-chain, enabling extremely low fees and near-instant confirmations.

Built on the Solana Virtual Machine (SVM), it provides high-performance execution while maintaining Bitcoin’s unmatched security through a direct bridge to the mainnet.

This hybrid design ensures seamless interoperability with the Lightning Network, enabling both retail users and institutions to access fast, scalable liquidity within the Bitcoin ecosystem.

The significance of Bitcoin Hyper’s architecture can’t be overstated. Bitcoin remains the most secure blockchain in existence; however, its native throughput bottlenecks and lack of support for smart contracts limit its actual large-scale adoption.

$HYPER changes that: it elevates the Bitcoin network from a static, sluggish store of value into a programmable global financial network, capable of DeFi and real-time payments.

Just as Ethereum’s bull run in 2021 was boosted by the rise of Layer-2 networks like Arbitrum and Optimism, Bitcoin Hyper ($HYPER) is positioned to become the scalability backbone of Bitcoin’s institutional age.

As an investor, the next question is clear: how do you gain exposure to this breakthrough infrastructure before it goes mainstream?

The $HYPER Token: Utility, Incentives, and an Early Opportunity

Beyond its groundbreaking technology, the Bitcoin Hyper ($HYPER) token supports a sustainability-driven ecosystem that rewards both active participation and long-term holding.

So far, the project has raised over $24.7 million during its presale, with tokens currently priced at $0.013165 each. Investor confidence appears very strong: more than $14.3 million worth of $HYPER is being staked – over 58% of all tokens sold.

Currently, stakers earn up to 48% APY on their staked tokens. They also gain governance rights and early access to integrations within the growing $HYPER ecosystem.

This dual role of securing the network while rewarding contributors creates a strong feedback loop that promotes long-term, sustainable growth for the project.

Market analysts have compared Bitcoin Hyper’s role in the Bitcoin ecosystem to that of Arbitrum or Optimism in the Ethereum ecosystem.

And indeed, it’s a convincing argument. Arbitrum achieved an all-time high valuation of around $4.6B – roughly 1% of Ethereum’s market capitalization at the time.

While it’s unlikely that $HYPER will reach 1% of Bitcoin’s market cap, it is well positioned to become its leading Layer-2 network. The potential upside remains significant: at its current valuation of $24.7M, it’s worth less than 0.0012% of Bitcoin.

With whales closing shorts, sentiment shifting bullish, and capital flowing back into innovative Layer-2 projects, $HYPER remains clearly one of the smartest early investments for the upcoming market cycle.

Join the $HYPER presale today before the crowd catches on!

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Filed under: Bitcoin - @ October 24, 2025 3:24 pm