A trader dubbed “ Trump’s insider ” opened a $120-127 million Bitcoin short position at $111,386 ahead of an expected presidential announcement Tuesday, sparking fears of another market 1 media erupted with warnings that the whale, who maintains a 100% win rate, could trigger the same devastation witnessed during October 11’s $19 billion liquidation 2 TRUMP’S INSIDER JUST OPENED ANOTHER $BTC SHORT AT $111,386 FOR $120 MILLION HIS WIN RATE IS 100%… PRAYING FOR OUR BAGS 3 — Wimar. X (@DefiWimar) October 16, 2025 The trader gained notoriety after opening over $1.1 billion in shorts against BTC and ETH just before President Trump announced 100% tariffs on Chinese imports , generating an estimated $160-200 million in profits as Bitcoin plunged from $122,000 to below $102,000.
Back then, blockchain tracking firm Lookonchain identified the wallet as belonging to a “ Bitcoin OG ” who held 86,000 BTC from 4 reports claim the trader opened shorts ranging from $120 million to $600 million across BTC, ETH, and SOL ahead of Trump’s 3 PM ET 5 precise timing, just as during the tariff crash, fueled accusations of insider trading and market 6 currently stands at around $112,000, despite the bearish market positioning.) October 11, 2025 On-chain analyst @mlmabc reported the whale closed approximately 90% of Bitcoin shorts and completely exited Ethereum positions at the bottom, pocketing between $190 million and $200 million in realized profits within a single 7 market collapse triggered over 1.66 million liquidations in 24 hours, wiping out $19.33 billion in positions, according to data from CoinGlass.
However, Mlmabc argued that “the real number is likely much higher, somewhere in the $30B-$40B+ range.” The whale’s identity traces back to the 2011 accumulation of 86,000 8 show that he sold 35,991 BTC, worth $4.43 billion, starting on August 20 to purchase 886,371 ETH, valued at $4.07 9 Bearish Bets Multiply as Other Whales Join Short Campaign On October 14, the same trader opened a 3,440 BTC short position worth $392.67 million at $115,783 . Currently, the position is sitting on a $5.7 million unrealized profit, with a liquidation threshold of $128,030. About $80 million in USDC was bridged into Hyperliquid to fund the 10 heavy hitters joined the bearish 11 0x9eec9 holds $98 million in shorts across DOGE , ETH, PEPE , XRP , and 12 0x9263 wagers $84 million against SOL and BTC.
A trader who pocketed $160M shorting Bitcoin before the last crash is back with a $392M short, betting that the rebound won’t last and another drop is coming. ⁰ #BTCShorts #CryptoOG 0 — 13 (@cryptonews) October 14, 2025 Meanwhile, earlier today, a dormant Bitcoin wallet transferred 2,000 BTC , worth approximately $222 million, into 51 new 14 coins split across multiple wallets haven’t reached exchange addresses, suggesting custodial reshuffling rather than selling 15 whales move, and their precision has drawn criticism on the Trump 16 Trump family’s crypto empire has now generated approximately $1 billion in pre-tax gains over the past year from memecoins, stablecoins, and DeFi platforms, according to a Financial Times 17 TRUMP and MELANIA coins generated around $427 million, while WLFI token sales fetched approximately $550 18 investors poured billions into Trump-backed ventures, with Chinese entrepreneur Justin Sun investing $75 million in 19 Dhabi’s MGX reportedly provided $2 billion to Binance using a USD 1 stablecoin backed by U.
S. Treasuries, which has raised $2.71 20 of these have increased the family’s wealth and net worth.
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