Best Crypto to Buy Now as Whale Who Gained $192M From Crash Places Another Short
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A mystery whale (0xb317), who made $192 million by shorting Friday’s crypto crash, has taken a new short position. The move has sparked fears about whether another downturn might be coming.
In the whale’s initial trade, he took $110 million in short positions, betting that the prices of Bitcoin and Ethereum would decrease. The timing couldn’t have been better – it happened immediately before Trump threatened China with 100% tariffs.
And now, he’s shorting Bitcoin again, opening another $163 million 10x leveraged perpetual contract on Sunday. Could this signal that more bearish momentum is ahead in the cryptocurrency market?
But while the possibility of downside volatility looms, several cryptos are showing massive strength. For example, ChainOpera AI experienced a 1,800% surge this week and a 28% gain today. With that in mind, what is the best crypto to buy now?
Analyst Alleges Foul Play on Hyperliquid Whale
The Hyperliquid whale initially gained the market’s attention by shorting Bitcoin and Ethereum 30 minutes before Trump’s tariff announcement, which netted $192 million in profits.
However, market analyst Gordon noted he has opened a fresh $163 million leveraged short position, asking, “Does he know something?”
There’s also speculation of foul play, with crypto sleuth Elon Trades suggesting that Friday’s $19 billion liquidations resulted from an orchestrated depeg of Ethena’s USDe stablecoin on Binance.
He states that this was an exploit of a Binance design flaw, since the exchange values stablecoin collateral using its own spot market rather than oracle or redemption prices.
According to the analyst, the Hyperliquid whale spotted this vulnerability and sold $60 – $90 million of USDe on Binance after shorting Bitcoin and Ethereum. This drove the USDe price down to $0.65 and caused immediate liquidations of USDe-collateralized futures positions, leading to a cascading effect across the market.
The analyst also added that macro fears triggered by Trump’s tariff threat fueled the bearish sentiment, which he says makes 0xb317 efforts “a masterclass in exploiting flawed collateral valuation during peak macro stress.”
So, should we be concerned that the whale has placed another short? Or is this second move a decoy designed to promote fear and secure a better entry price before the market moves higher?
The answer will become clearer in the days ahead, but for now, some cryptocurrencies appear firmly resilient to incoming volatility. Let’s look at what they are and why they could be solid opportunities.
Bitcoin Hyper
Bitcoin Hyper is developing a Bitcoin Layer 2 blockchain to enable faster speeds and smart contract execution. The project is currently in presale, having raised over $23 million, which demonstrates massive investor interest.
As seen with ChainOpera AI’s 1,800% surge this week, new projects can often outperform broader market trends and deliver significant gains, even while other most tokens are struggling.
However, Bitcoin Hyper has an added benefit: its presale occurs at a fixed, discounted rate, protecting the HYPER price from near-term volatility. This helped the presale continue to grow over the weekend, with just under $1 million raised.
Bitcoin Hyper is built using Solana Virtual Machine tooling and a trustless canonical bridge, creating an environment of Solana-level speeds and Bitcoin-level security – a setup that could truly disrupt the market.
And given the huge valuations of Bitcoin and top altcoins, compared to the $23 million raised in its presale, it’s clear to see that HYPER still has massive growth opportunities ahead. Visit Bitcoin Hyper.
BNB
It would have been understandable if BNB had slowed down on Monday, given reports that the market crash originated on the Binance exchange, and BNB is the native token of Binance Smart Chain. However, in a continuation of a larger trend, BNB is showing exceptional resilience and leading as a top gainer in the market.
Its price has surged 14% in the past 24 hours, making it the best-performing asset among the top 30 by market cap. Before the crash, BNB was also demonstrating dominance, hitting multiple all-time highs (ATHs) and surpassing XRP to become the third-largest cryptocurrency by market capitalization.
Moreover, today’s gains have propelled BNB to yet another ATH of $1,343, while projects like Bitcoin, Ethereum, XRP, and SOL are still far from their record prices. All of this suggests that BNB could be the best large-cap crypto to buy at present.
Maxi Doge
The recent market crash was driven by wild dynamics in the futures trading market, which Maxi Doge aims to capitalize on.
It’s a Dogecoin-themed meme coin focused on futures trading. Maxi Doge is depicted as a 1000x leverage trading crypto bro, with the only thing bigger than his biceps being his risk tolerance.
But it’s not just about branding – Maxi Doge integrates this concept into its utility. The project plans to incorporate the MAXI token into futures trading platforms and will also host weekly trading competitions with USDT and MAXI rewards.
This focus on futures trading could attract a broader audience of crypto enthusiasts, while Maxi’s Dogecoin appeal positions it at the center of meme coin culture. It’s a setup we haven’t seen before, and it’s drawing significant attention to the presale with over $3.5 million raised.
However, since there are dozens of meme coins valued at $250 million or more, there remains huge upside potential once MAXI hits the open market. Visit Maxi Doge.
This article is not intended as financial advice. Educational purposes only.
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