Insider Trading? Whale Bets Big on BTC And ETH Before Trump’s Crypto Post, Nets $6.8M
A high-stakes cryptocurrency trader, commonly referred to as a “whale,” made a staggering $6.8 million profit in a single day after placing a highly leveraged bet on Bitcoin (BTC) and Ethereum (ETH). The timing of the trade has raised speculation, as it coincided precisely with former President Donald Trump’s announcement of a US Crypto Reserve on Sunday on Truth Social, sparking speculation that it could be a case of insider trading timed with Trump’s announcement.
The trader reportedly used $4 million to open a $200 million leveraged position, significantly amplifying both potential gains and risks. The bet carried extreme downside exposure, as even a small price dip could have triggered liquidation, wiping out the position…
