Crypto Whale’s $200M Bet: Profits Surge After Trump’s Crypto Reserve Announcement
Crypto Whale’s $200M Bet – A crypto whale has earned nearly $7 million from placing large 50x leveraged long positions on Bitcoin (BTC) and Ether (ETH) just before Donald Trump revealed plans for a Crypto Strategic Reserve. According to HyperDash, a crypto analytics platform, the whale deposited $5.9 million in USD Coin (USDC) on March 1, 2025, to open the positions on decentralized derivatives exchange Hyperliquid.
Whale’s First Positions and Trump’s Announcement
The whale placed their first Ether long position on March 2, just 35 minutes before Trump’s announcement at 2:49 pm UTC. This caused an immediate surge in market prices. At the time of the announcement, Ether’s price was around $2,375. The $4 million leveraged bet allowed the whale to control $200 million worth of positions.
In addition to Ether, the whale placed Bitcoin long positions on March 1 at 10:44 pm UTC, when Bitcoin was trading at $86,033. As Trump’s announcement boosted market sentiment, the whale began closing positions within 16 minutes, with Bitcoin exit positions ranging between $87,512 and $91,399.
Insider Trading Speculations
Due to the 50x leverage, even a slight 2% price drop in Bitcoin or Ether could have led to liquidation, prompting speculation about potential insider trading. Industry figures, including Carl Runefelt, the founder of The Moon Show, have raised concerns, labeling the $200 million trade as possibly the “biggest insider trade” they’ve seen.
However, crypto researcher FatMan offered a different perspective, suggesting that it’s possible an insider knew a tweet was coming but not its exact contents.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Cryptocurrencies and stocks, particularly in micro-cap companies, are subject to significant volatility and risk. Please conduct thorough research before making any investment decisions.
Leave a comment