Yes

>>A trader made a substantial $192 million profit from a Bitcoin investment shortly before a Trump administration tariff announcement, raising questions about the trade's circumstances.

A trader made a substantial $192 million profit from a Bitcoin investment shortly before a Trump administration tariff announcement, raising questions about the trade's circumstances.

crypthub

2 days ago

Suspicious Bitcoin Trade

A newly created crypto trading account made a significant Bitcoin short trade shortly before a U.S. President Trump announcement concerning tariffs on Chinese imports. The timing of the trade aligned perfectly with the announcement, triggering a substantial crypto market crash. The trader’s actions have raised concerns about potential insider information and market manipulation.

Significant Financial Gains

The trader profited substantially, estimated at $192 million, within a very short timeframe. On-chain data indicates the account was opened only hours before the lucrative short position. Rapid withdrawals of funds, including large USDC transfers, followed the trade’s closure.

Market Impact and Scrutiny

Trump’s tariff announcement triggered a large-scale crypto liquidation event, wiping out billions in market value. The Bitcoin price plummeted, threatening a key support level as global markets reacted negatively. The unusual scale and timing of the trade are prompting investigation and discussion within the crypto community.

Unanswered Questions

The identity of the trader remains unknown, but their strategy and quick withdrawals suggest a high level of sophistication. The situation has sparked debate regarding potential access to privileged or market-moving political information. The event highlights the risks associated with leveraged trading and the impact of geopolitical events on crypto markets.