A crypto daredevil dubbed "ETH 50x Big Guy" just pulled off another jaw-dropping trade. After netting $1.8 million from a massive Ether position, this risk-loving trader immediately pivoted to Chainlink, throwing down $31 million in leveraged bets at 10x. Not content with casual trading, they've also snagged $12 million in spot LINK holdings. Their wild moves even forced Hyperliquid to change its rules. This trader's calculated chaos keeps the crypto world watching.
A mysterious crypto trader known as "ETH 50x Big Guy" just pulled off another massive win, raking in nearly $17 million on Hyperliquid in a single month. The trader's latest coup? A neat $1.8 million profit from a wild $200 million Ether trade that actually caused Hyperliquid's liquidity pool to lose $4 million. Talk about making waves.
But this crypto daredevil isn't done yet. After crushing it with ETH, they've now gone all-in on Chainlink, throwing down $31 million in leveraged positions at 10x across platforms like Hyperliquid and GMX. Because apparently, regular trading just isn't exciting enough. They've also scooped up $12 million in spot LINK holdings, showing they're not just here for the leverage rush.
The move wasn't exactly subtle. Hyperliquid had to change their rules after the trader's ETH stunt, now requiring a 20% minimum collateral margin on certain positions. The platform's changes to collateral rules were announced just one day after the controversial trade. The trader's actions have drawn significant community attention as their bold moves continue to shape market dynamics. Guess some trades are too spicy even for crypto platforms.
The timing is interesting, considering LINK's recent rollercoaster ride. The token shot up over 150% after some political news, then promptly tumbled back under $14. But with an $8.7 billion market cap and its significant role in decentralized oracles, LINK isn't exactly small potatoes. With stablecoin adoption reaching new heights in 2025, these volatile trades are becoming increasingly noteworthy in the crypto ecosystem.
Our mystery trader seems to know what they're doing, though. They've been methodically converting their LINK positions into stablecoins, showing there's actual strategy behind the seemingly crazy moves. It's not just blind luck – it's calculated chaos.
The crypto world is watching closely. When someone nicknamed "ETH 50x Big Guy" starts throwing around millions like confetti, people pay attention. Whether this latest Chainlink gamble pays off like their Ether plays remains to be seen. But one thing's for sure – they've got everyone's attention, and the crypto markets are never dull when they're around.
