On March 16, 2025, Crypto KOL @Cbb0fe announced the initiation of a 'Whale Hunting' operation against the Hyperliquid 50x whale, allegedly involving Justin Sun. This event may influence trading conditions, as reflected in Bitcoin's minimal price alteration.
Crypto KOLs Against Hyperliquid 50x Whale
Crypto KOL @Cbb0fe announced the formation of a 'Whale Hunting Squad', focusing on taking down the Hyperliquid 50x whale. This operation was publicized on Twitter. Justin Sun's involvement was suggested through shared screenshots; however, no official statements have been released from Sun's verified accounts.
Bitcoin Experiences Minimal Market Movement
Bitcoin experienced a 0.4% decrease, showing limited market movement. The absence of official comments places financial implications in uncertainty, despite volatile reactions from the community. On-chain analysts continue to track evolving developments.
Speculations Increase Amid Lack of Historic Precedents
Lack of similar historic precedents hinders direct comparisons, amplifying curiosity about the operation's market impact. Nonetheless, speculative activities draw attention. Experts remain cautious, noting the absence of verifiable data. Previous trends in whale trades suggest potential market disruptions, yet specifics on this incident are non-conclusive.
The Hyperliquid 50x whale event could potentially impact the market in the future. However, the lack of data and historical precedents makes the outcome uncertain.