The whole market has been following this wallet and his position. Although it’s not much considering the assets he has in his other wallets.
I can say, he is a guy that’s represent a large group or organization. A month earlier CZ revealed his identity, so we know him.
Conspiracy theory is, this guy actually very close to trump’s family, he was present during the launch of Trump coin in that dinner party.
He has 476 million usd worth of BTC sitting in another wallet.
We previously saw what happened to James Wynn. Market usually attacked this kind of large onchain leverage position.
This guy could have used Aster instead of Hyperliquid to hide his position. But I guess he doesn’t want to. He wants to show off. He wants people to follow him.
The real question is what if he decides to close all these at once? The effect will make the market go further down. $BTC $ETH $SOL
