Alleged 'Trump Insider Whale' Denies Insider Trading
A whale that earned millions shorting Bitcoin and Ethereum before Friday's crash is back, and denies being a Trump insider.
The whale, who earned close to $200 million by shorting Bitcoin and Ethereum prior to Trump’s tariff announcement, has taken another stand against the top crypto asset.
The person purportedly behind it insists that there's no connection to the First Family.
The Ethereum address deposited $40 million in USDC to Hyperliquid, and began building a 10x short position in Bitcoin valued around $340 million.
- Earned close to $200 million by shorting Bitcoin and Ethereum prior to Trump’s tariff announcement
- Deposited $40 million in USDC to Hyperliquid
- Building a 10x short position in Bitcoin valued around $340 million
Author's summary: Whale denies Trump insider claims, opens new $340M Bitcoin short.