Bitcoin News

Story: Bitcoin OG Whale Expands Short to $227M Amid Market Uncertainty

By Dan Saada

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Aggressive Short Positions Yield Unrealized Profits. The whale’s expanded short position follows an earlier transaction of 200 BTC worth about $22…

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Timing of Trades Raises Eyebrows Across Crypto Community. The “Trump insider” wallet first gained attention for a highly profitable short just before former…

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Bitcoin OG Whale Part of Early Network Cluster. Blockchain analysts have traced the address to a long-standing “Bitcoin OG” cluster, active since…

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Market Context: Recent Crash and Volatility. The whale’s latest short comes after the mid-October market crash triggered by geopolitical…

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Implications for Broader Market Sentiment. The whale’s moves are being interpreted as a potential signal for further market volatility.

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Key Takeaways for Traders and Investors

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A prominent Bitcoin whale, nicknamed the “Trump insider,” has increased his short position on Bitcoin to 2,100 BTC, valued at approximately $227 million.

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Data from Hyperbot, as reported by Onchain Lens, shows that the trader transferred 3,003 BTC—worth roughly $338 million—to Binance on Wednesday.

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The whale’s expanded short position follows an earlier transaction of 200 BTC worth about $22 million, which was also used to increase his bearish exposure.

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This pattern of aggressive bearish positioning aligns with previous moves, including a $76 million short opened via Hyperliquid using $30 million in USDC.

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The “Trump insider” wallet first gained attention for a highly profitable short just before former US President Donald Trump’s tariff announcement, earning approximately $160…

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Recently, the whale increased exposure when Bitcoin attempted a brief recovery following the Oct. 10–11 market crash, where BTC dropped from above $125,000 to nearly $102,000.

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This longevity provides a unique perspective on market cycles, giving the whale the ability to anticipate large-scale market movements better than most participants.

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The whale’s latest short comes after the mid-October market crash triggered by geopolitical events, including Trump’s announcement of 100% tariffs on Chinese goods.

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Ethereum and other major crypto assets also suffered, with ETH falling 18% to around $3,370.

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