Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Market Capitalization:3 910 754 932 328,8 USD
Vol. in 24 hours:261 984 277 883,28 USD
Dominance:BTC 58,78%
ETH:12,85%
Yes
>>A massive bet against cryptocurrency, worth $1.1 billion, was initiated just one minute prior to Donald Trump's announcement regarding tariffs.

A massive bet against cryptocurrency, worth $1.1 billion, was initiated just one minute prior to Donald Trump's announcement regarding tariffs.

crypthub
A massive bet against cryptocurrency, worth $1.1 billion, was initiated just one minute prior to Donald Trump's announcement regarding tariffs.

Significant Cryptocurrency Trade

A large cryptocurrency wallet, identified as a "whale," deposited $160 million USDC on the decentralized exchange Hyperliquid. This action initiated $1.1 billion in leveraged short positions for both Bitcoin (BTC) and Ethereum (ETH). The transactions allegedly occurred roughly 30 minutes prior to a tariff announcement by former US President Donald Trump. These positions were reportedly closed later, yielding a profit estimated between $190 million and $200 million.

Timing and Potential Connection

Data from Coffeezilla indicates the whale opened a $23 million short position at 11:49 PM UTC on October 10th. One minute afterward, Trump's announcement regarding 100% tariffs on China was made, prompting a substantial crypto market liquidation wave. Some speculation suggests the Trump family may have benefited financially; however, concrete evidence is lacking. The timing of the trade has fueled speculation about a potential connection.

Lack of Definitive Proof

Investigations have not revealed definitive proof of insider trading related to these transactions. While the sequence of events is remarkable, establishing illicit activity remains unconfirmed. Claims of a $192 million profit for the Trump family are unsubstantiated. These occurrences highlight the volatility inherent in cryptocurrency markets.