"Trump Insider" Whale Places Massive New Bitcoin Short, Sparking Sell-Off Fears
A crypto whale, dubbed a "Trump Insider" for perfectly timing a $160 million short during the recent market crash, has opened a new massive bearish bet. The trader deposited $30 million in USDC to Hyperliquid to open a Bitcoin short position worth $76 million with 10x leverage, entering at $109,133 per coin. This follows additional shorts opened last week, bringing the trader's total holdings to 3,440 BTC in short positions valued at nearly $392.67 million. The move has ignited market debate over whether this signals another engineered downturn is ahead.