Trader profits $6.8M from BTC, ETH bets placed before Trump crypto reserve post — TradingView News
A crypto whale that placed hundreds of 50x leverage long position bets on Bitcoin and Ether before US President Donald Trump announced a Crypto Strategic Reserve has profited nearly $7 million from the trades.
The whale deposited $5.9 million in USD Coin 
USDCUSD on decentralized derivatives exchange Hyperliquid on March 1 to place the long positions, according to crypto analytics platform HyperDash.
The whale placed their first Ether 
ETHUSD long position on March 2 at 2:49 pm UTC. Thirty-five minutes later, Trump announced the Crypto Strategic Reserve — nearly immediately causing an explosion in market prices.
Around $4 million was used to create $200 million worth of positions with the 50x leverage. The whale’s Ether positions from…
