A mysterious crypto trader using the wallet address 0xb317 on the Hyperliquid derivatives exchange profited an astounding $192 million in a short trade during recent market volatility. The trade, timed perfectly with the US tariff announcement that triggered the crypto crash, has ignited discussions about market manipulation and the risks associated with high-leverage trading in decentralized finance (DeFi). The trader’s success was fueled by timing and leveraged trades on Bitcoin. While the exact strategy remains unclear, Hyperliquid’s open structure gave this high-risk trader the advantage to capitalize on sudden price shifts. This incident highlights the complex dynamics of DeFi markets where anonymous traders wield immense influence in shaping market sentiment.