BTC Whale Hunting Operation Led by Justin Sun: A Strategy to Target 50x Leverage Losses

On March 17th, COINOTAG News reported significant movements in the cryptocurrency market, specifically a coordinated “Whale Hunting Operation” aimed at a Hyperliquid user leveraging 50x. Notably, crypto influencer @Cbb0fe initiated a recruitment drive for a “Whale Hunting Team,” which gained traction rapidly. Shortly thereafter, it was revealed that prominent figure Justin Sun had joined this initiative. According to on-chain expert @ai_9684xtpa, the recent spike in Bitcoin (BTC) at midnight seems to be a strategic maneuver orchestrated by this team, leading to the significant erosion of a whale’s unrealized profits, which were initially pegged at $6 million but ultimately culminated in a $2 million deficit. This tactical assault forced the whale to inject an additional $5 million in USDC as collateral. Currently, BTC has retraced to below $83,000, positioning the whale’s unrealized profits at approximately $5.36 million.