A significant market shakeup has been triggered by a strategic short position worth over $160 million. This massive liquidation, occurring on the Hyperliquid exchange in anticipation of crucial U.S. policy announcements, sent shockwaves through crypto markets. blockchain analytics suggests the action was orchestrated by an anonymous whale, potentially connected to a former BitForex executive via forensics analysis. This individual is known for exploiting market volatility around major events like US policy releases, and has historically used similar tactics to profit from declines. The immediate impact of this liquidation included sharp drops in both Bitcoin and Ethereum prices due to the forced selling triggered by short-selling activity. This event highlights the volatile nature of crypto trading and has sparked debate about potential manipulation within the crypto community.