Crypto Whale Who Made $160M In Bitcoin Crash Now Bets $76M Against BTC With 10x Leverage

A mysterious trader who famously profited from Bitcoin's recent collapse is making another massive bet—this time against the digital asset.
The Whale's Bold Move
After pocketing $160 million during Bitcoin's dramatic downturn, this 'Trump Insider' whale has opened a staggering $76 million short position using 10x leverage. The move signals extreme confidence in further price declines despite Bitcoin's recent stabilization attempts.
High-Stakes Gambit
Leveraged shorts at this scale represent one of the most aggressive plays in crypto markets. The position could generate enormous returns if Bitcoin continues falling—or trigger catastrophic losses if the market reverses. Wall Street veterans would call this either brilliant timing or pure insanity—but in crypto, the line between genius and madness has always been blurry.
Market Implications
While retail investors chase memecoins and hype cycles, sophisticated players continue making billion-dollar moves that shape market direction. The real question isn't whether this whale knows something we don't—it's whether anyone can reliably predict crypto markets beyond pure gambling instincts.
Speculators Watch Closely As ‘Trump Insider’ Reloads Bitcoin Shorts
This isn’t the trader’s first aggressive move. Last week, soon after Bitcoin briefly recovered from the crash, the same wallet opened additional short positions.
Lookonchain data showed the trader entered around $115,783, holding 3,440 BTC in shorts valued at $392.67 million and sitting on roughly $5.7m in unrealized profit at the time.
To fund those trades, about $80m in USDC was bridged to Hyperliquid and quickly deployed, a MOVE seen as renewed confidence in a deeper correction. Observers believe the investor could be expecting a repeat of the recent sell-off.
Whale’s Perfectly Timed Short Sparks Debate Over Insider Knowledge
The trader first gained attention after reportedly earning $160m by shorting bitcoin just before Donald Trump’s tariff announcement sent markets tumbling. The timing of that bet sparked online debate over whether it was driven by sharp market instincts or privileged information.
Crypto communities have since tagged the address as a “Trump insider,” pointing to how the wallet often positions ahead of macro news that moves risk assets.
Meanwhile, on-chain data shows Bitcoin supply on exchanges is shrinking rapidly. Over 45,000 BTC, worth about $4.8b, has been withdrawn from centralized platforms since early October.
Investors Pull Coins From Exchanges, Hinting At Growing Accumulation Trend
Investors appear to be moving coins into cold storage, reducing immediate selling pressure and tightening liquidity in the spot market.
A decline in exchange balances often indicates long-term holding behaviour, which can amplify price volatility when large shorts or liquidations occur. At the same time, outflows during price corrections tend to signal that investors view the dip as an accumulation phase rather than a risk event.
Bitcoin last traded 3% higher at $110,261, though it remains down about 11% over the past two weeks. The market is watching closely to see whether the so-called TRUMP insider’s bet marks the start of another sell-off or a bold misstep in a volatile market.