Investor Profits Millions From $200M BTC Bet Ahead of Trump’s Crypto Reserve News

Trader Scores $6.8M Profit on $200M BTC Bet Amid Trump’s Crypto Reserve Surprise

A trader on the decentralized derivatives platform Hyperliquid made a bold move on Sunday, opening a $200 million long position on Bitcoin (BTC) with 50x leverage—just before U.S. President Donald Trump’s unexpected crypto reserve announcement triggered a market surge.

With only $4 million in collateral, the high-risk trade came dangerously close to liquidation, with the entry at $85,908 and a liquidation price of $84,752—just a $50 price swing away from disaster.

Instead, BTC soared over 11%, climbing from $85,000 to $97,255 following Trump’s post on Truth Social. However, while the trader secured a sizable profit, other assets saw even bigger gains—ADA and XRP surged 47% and 18%, respectively.

Trump’s revelation shocked many, particularly due to the inclusion of XRP, SOL, and ADA in the U.S. crypto reserve. Coinbase CEO Brian Armstrong and Bitwise CEO Hunter Horsely had expected Bitcoin to be the only asset included, while members of the Ripple and Cardano communities celebrated the surprise move.

Some social media users speculated whether the trader had inside information, though it’s unclear if the position was meant as a hedge or simply a belief that BTC had bottomed after dropping from $109,000 to $78,000 in the weeks following Trump’s inauguration.

The trader has since closed the position, locking in a $6.8 million profit.