Whale Opens $3.46M Bitcoin Long Before Price Drop on Trump Tariff Threat

2025-10-21 01:55

A cryptocurrency whale identified as 0x3537 deposited $2.97 million in USDC and initiated a 3x long position on 31.44 Bitcoin, valued at $3.46 million. This move occurred just hours before a significant market reaction. Less than an hour after the trade, President Trump announced a potential 155% tariff on China if a trade deal is not reached by November 1, leading to a drop in Bitcoin's price. The timing of the trade suggests it was a legitimate market action without insider information.

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