Crypto whale nets $6.8M on 50x BTC & ETH bets pre-Trump ‘Reserve’ post

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Crypto whale nets $6.8M on 50x BTC & ETH bets pre-Trump ‘Reserve’ post
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Explore the implications of the Crypto Reserve announcement as a whale's trade coincides with insider trading speculation.

Trump announced BTC and ETH’s inclusion in the Crypto Reserve just 35 minutes after the whale’s ETH trade.

The precision of the trade’s timing—aligning perfectly with Trump’s statement—has raised concerns within the crypto community about whether the trader had advance knowledge of the policy announcement.They opened Bitcoin long positions at $85,908 and Ethereum long positions at $2,197 with 50x leverage.

The trader capitalized on this rally by closing Bitcoin positions between $87,332 and $91,399 for substantial profits.The trader’s unrealized PnL spiked to $3.3 million on 2nd of March at 7:39 AM UTC and peaked at $8.05 million on 3rd of March at 1:20 AM UTC.

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