Blockchain analyst Eye said that the information it discovered could indicate insider activity in the highest circles of the US government.
This refers to the case of a trader on Hyperliquid who made more than $150 million on short positions before Donald Trump’s announcement of duties against China.
Eye sources said that some positions on Hyperliquid may have been based on data from individuals close to the US president. The main channels of information dissemination are said to be:
- leaks from the foreign policy body, the Communist Party of China;
- an insider cryptocurrency trading circle that is active in the White House.
According to the author of the investigation, the key figures are Zach Witkoff and Chase Guerro — both allegedly had access to high-ranking officials and passed sensitive data to a limited circle of traders. The information was passed on in advance, allowing high-yielding short-term positions to be opened ahead of White House announcements.
Eye added that Trump’s eldest sons are also involved, although so far only Witkoff and Guerro’s names have been confirmed.
Previously, analysts had already linked the extremely successful trading activity of one Hyperliquid user to former BitForex CEO Garrett Jin. However, according to new information, Gene could only be a front man.
Recall that on the night of October 10-11, 2025, the crypto market collapsed after Trump’s announcement of 100% duties on imports from China. It was just before this announcement that an unknown trader opened short positions and earned more than $150 million.