Since last night, many people have been spreading a rumor about the $BTC from midnight until now.
HyperInsight broke the news that the "1011 insider giant whale" has again shorted 226 million USD by opening 2000 BTC contracts at a price of 111,000 USD, and has now made a floating profit of 6.15 million USD. This operation is almost identical to the massive crash in the cryptocurrency market on October 11th, familiar enough to give people goosebumps.
Now, it's wildly rumored in the circle that this was done by Trump's son. Consider the timing: right after Trump shouted "America First," causing the market to crash, his son precisely added to the shorts, not missing a minute. If we say there was no family cooperation, who would believe it?
But here’s the issue: if it really is the Trump family colluding, isn’t that just openly cutting the global retail investors? They shout about saving American workers while secretly profiting from speculators' money; that’s quite a bad look. But thinking about it carefully, what does it matter how it looks? Harvesting is their purpose.
The cryptocurrency circle keeps accounts, recall when Musk shouted about Bitcoin and was pursued by the SEC, while the US Treasury's crackdown on stablecoins allowed Asian stablecoins to seize the dollar peg. This kind of "policy-market" linkage is always a double-edged sword.
If this operation is confirmed, the Trump family is playing political speculation and financial warfare. We can’t guarantee that the opposing side won’t send him a big gift after he steps down, but what we know now is that their operations have not stopped; this period happens to coincide with the US-China tariff issue, so brothers, be sure to pay attention to the reappearance of black swans!
