TheCryptoUpdates
BitcoinBitcoin NewsCryptoCryptocurrency NewsNews

A Bitcoin Whale Just Bet $227M Against BTC

A Bitcoin Whale Just Bet $227M Against BTC

Some crypto whale everyone calls the “Trump insider” just doubled down on his bet against Bitcoin, shorting 2,100 BTC worth about $227 million. He’s already sitting on $5.8 million in unrealized profit as Bitcoin hovers near $108,000, trying to figure out where it’s going next.

This guy transferred 3,003 BTC to Binance on Wednesday, worth roughly $338 million. A day earlier he moved another 200 BTC to expand his short position. His leveraged short opened around $111,000 with 10x exposure, so he’s making money as long as Bitcoin keeps struggling.

What makes this whale interesting is his timing has been absolutely insane. He supposedly made $160 million shorting Bitcoin right before Trump’s tariff announcement crashed the market. That’s how he got the “Trump insider” nickname; his moves line up way too perfectly with major political events.

Blockchain analysts figured out this wallet has been around since Bitcoin’s early days. The holder reportedly accumulated over 86,000 BTC between 2010 and 2012, making him one of the original Bitcoin whales still active today.

His recent activity suggests he thinks Bitcoin’s headed lower, possibly retesting $100,000 or below. After the October crash that sent BTC from $125,000 down to $102,000, he’s been aggressively positioning for more downside. Either he’s got incredible market reading skills or knows something everyone else doesn’t.

Conclusion

Whether it’s sharp intuition or privileged insight, the “Trump insider” whale’s bold short shows strong conviction that Bitcoin’s next major move is downward, and the entire crypto market is watching closely.

Also Read: Bitcoin Faces Pressure

Loading

Related Articles

Pets Of Elon Announces $POE Token Pre-sale Is Now Live!

Jack

US Bitcoin Reserve Could Be Announced This Year, Says Galaxy Research Chief

Shivi Verma

Coinbase CEO says “Coinbase is ‘Adding the Assets demanded by Customers”

Kesarwani
Close No menu locations found.