Massive Bitcoin Whale Earns $4.8 Million in Profits After Trump’s “Time to Buy” Call
Crypto Market Sees Dramatic Surge Following President Trump’s Announcement on Tariffs
Bitcoin soared to new heights today after U.S. President Donald Trump declared that it was “time to buy”, sending ripples through the financial markets. The cryptocurrency market responded with dramatic gains, as Bitcoin’s price surged above $83,000, triggering massive profits for a major whale who had opened a highly leveraged long position earlier that day.
The Crypto Whale’s Big Bet: A 40x Leverage Long Position
In an unprecedented move, a cryptocurrency whale, suspected to be connected to influential market figure Andrew Kang, made a bold decision to open a $100 million Bitcoin long position with an eye-popping 40x leverage. This move was made in direct response to Trump’s statement, which coincided with his announcement that he would be suspending tariffs for 90 days on many countries, a shift expected to have far-reaching economic impacts.
The whale’s position was verified through on-chain data from the decentralized exchange Hyperliquid, which showed the massive trade taking place almost immediately after Trump’s tweet. The entry price for this long position was set at $78,216, with a liquidation level at $76,594, meaning the whale was betting on Bitcoin to remain above this price threshold.
Bitcoin Price Surges to $83,000, Pushing Profits to $4.8 Million
The market quickly responded to Trump’s announcement with a sharp rise in Bitcoin’s price, which surged beyond $83,000 shortly after the tweet. This surge in price proved to be incredibly lucrative for the whale, who now stands at a $4.8 million profit on their position. The massive gain was made possible by the 40x leverage, which significantly amplified the effects of the price increase.
However, this level of risk comes with its own challenges. The whale paid a total of $20,000 in funding fees to maintain the position, highlighting the high costs associated with such a large and leveraged bet on the market.
The Risks of High-Leverage Trading in Crypto Markets
While the whale’s success today highlights the potential rewards of leveraging positions, it also underscores the extreme risks involved in cryptocurrency trading. With leverage, even small market movements can have outsized impacts—both positive and negative. Cryptocurrency markets are known for their volatility, and positions like this come with the risk of liquidation and substantial losses if the market moves in the wrong direction.
Experts have long warned about the dangers of using high leverage, especially in markets as unpredictable as cryptocurrencies. As the whale’s case demonstrates, the risk-reward ratio in these types of trades is unpredictable, and traders should exercise caution when engaging in such high-stakes positions.
Conclusion: A Bold Move with Big Rewards – But High Risks
The Bitcoin whale who opened a 40x long position based on Trump’s “time to buy” statement has certainly benefited from a dramatic market rally, securing a $4.8 million profit so far. However, this high-risk strategy also serves as a reminder of the volatility and unpredictability of the cryptocurrency market. While the rewards can be immense, the potential for significant loss is always present, making such high-leverage strategies suitable only for those willing to take on substantial risk.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Always conduct thorough research and consult with a financial advisor before making any investment decisions.
