The so-called “Trump Insider Whale,” infamous for shorting Bitcoin minutes before last week’s market meltdown, has reportedly placed a new $127 million leveraged short - this time just ahead of another highly anticipated statement from President Donald Trump.
The address in question has been tracked since last week’s “Tariff Crash,” a sudden chain reaction that erased nearly $670 billion in digital-asset value after Trump announced steep 100% tariffs on Chinese imports. Bitcoin tumbled from $122,000 to $104,000 in hours, while the same wallet quietly closed a short position for a $192 million profit – earning the trader mythic status across crypto circles.
Tension Builds Ahead of Trump’s Speech
Now, on-chain platforms have flagged renewed activity from that same wallet. Overnight data shows the account building up a 20x leveraged short, a move many traders interpret as a warning signal that another major market event could be imminent.
Speculation is running wild ahead of Trump’s 3:00 PM ET announcement. While details remain under wraps, traders fear another economic policy shock – potentially more trade restrictions or capital controls – that could trigger another round of panic selling. Others think the address owner could simply be riding the wave of fear to manipulate sentiment.
Market Sentiment Turns Bearish
Bitcoin has already started to drift lower, trading near $111,200, down roughly 1% on the day. Funding rates across major derivatives exchanges like Binance and Bybit have flipped negative, suggesting traders are increasingly betting on downside momentum.
“The setup looks eerily similar to what we saw right before the tariff announcement,” said Vetle Lunde of K33 Research, adding that thin liquidity after last week’s crash still makes the market vulnerable to sudden swings. “If policy headlines turn out to be harsh, Bitcoin could easily revisit $100,000.”
Still, some traders see potential upside. A market-friendly message from Trump – especially one that hints at support for the crypto sector – could unwind bearish positioning and send Bitcoin spiking toward $120,000 as shorts get squeezed.
The Mystery Deepens
Few figures in the crypto space have sparked as much curiosity as this anonymous whale. While some dismiss the trader’s accuracy as luck, others suspect a link to insiders with advance knowledge of market-moving announcements.
Whatever the truth, one thing is certain – every trader on the market is watching the same wallet now, waiting to see whether lightning can strike twice.
