Crypto Whale Profits $6.8 Million Off Trump’s Crypto Reserve News
A cryptocurrency whale took a high-stakes bet on Bitcoin and Ethereum just before President Donald … [+]
The Leveraged Crypto Bet Ahead of Trump’s Strategic Crypto Reserve Bombshell
A cryptocurrency whale took a high-stakes bet on Bitcoin and Ethereum just before President Donald Trump announced the creation of a strategic crypto reserve. It paid off spectacularly. Mere hours before Trump made the announcement, an anonymous trader opened a 50x leveraged long position on BTC and ETH with $4 million on margin. As crypto prices surged on Trump’s news, the trader closed the position, netting over $6.8 million in profit. The timing was fortunate, and the bet was…