Bitcoin crash sparks search for mystery crypto trader who profited US$200 million
The global cryptocurrency industry is searching for the trader who made massive gains betting against bitcoin and ether, as the sector grapples with the aftermath of a market rout that wiped out US$19 billion last week.
While the crash on Friday liquidated more than 1.6 million traders within just 24 hours, some investors had profited handsomely – including one trader who earned nearly US$200 million from short positions on bitcoin and ether, according to blockchain analytics firm Arkham.
Speculation on social media has ranged from Barron Trump, the youngest son of the US president, to Chinese cryptocurrency investor Garrett Jin, who served as CEO of the now-defunct crypto exchange Bitforex and was an operations director at Huobi, now…
