cryptocouncil

The cryptocurrency market has been extremely volatile recently. Traders are feeling nervous, especially after a major player known as the “Trump Insider Whale” took a huge short position against Bitcoin. This trader placed a $127 million bet that Bitcoin would fall, just hours before Donald Trump was set to make an important announcement about cryptocurrency. This timing has many people questioning whether the trader has access to information that others do not.
This is not the first time the “Trump Insider Whale” has made headlines. Previously, this trader sold off $735 million in Bitcoin just half an hour before Trump revealed significant tariffs on Chinese imports. The timing was remarkable. After the announcement, Bitcoin prices dropped sharply to $104,000, and alternative coins also suffered heavy losses.
Now, the same trader is once again betting against Bitcoin. On-chain data suggests that the whale increased their short position to $127 million. In total, they have $485 million exposed to Bitcoin, along with $22 million in unrealized gains. This has led many in the community to wonder if this trader is simply lucky, or if they have advance knowledge of Trump’s plans.
Tension is high as Trump prepares for what he is calling a “major cryptocurrency announcement.” Market analysts are offering different predictions. If Trump announces new trade restrictions or tariffs, it could trigger more risk-off behavior, causing both Bitcoin and stock prices to fall. If he takes a supportive stance on crypto, this might lead to clearer regulations and could spark a rally in digital assets. There is also speculation that if Trump talks about fiscal stimulus, riskier assets like cryptocurrencies might rise again.
Trump’s statements have the power to move the market significantly.
It is important to remember what happened after the last major Trump announcement. Following the introduction of tariffs, the crypto market saw its largest liquidation event ever. Over 1.6 million traders lost their positions in a single day. Bitcoin dropped by more than $20,000, and some altcoins lost up to 90% of their value. China responded with “special fees” on U.S. ships, signaling their unwillingness to back down.
Despite these sharp declines, the crypto market has been recovering faster than many expected. By the following Monday, Bitcoin had rebounded to around $115,000, nearly recovering from the previous week’s losses. Exchange-traded fund data showed $338 million in net inflows for Bitcoin and Ethereum spot ETFs on October 14. This suggests that large investors are still confident and are increasing their holdings rather than pulling out.
The next moves in the market will depend heavily on Trump’s tone and the details of his announcement. If he is negative toward crypto or trade, another sell-off could occur. However, if his message is supportive of digital assets, it might be the start of a new rally. All eyes are on the “Trump Insider Whale,” who continues to play a key role in these market shifts.
In summary, the crypto market remains highly unpredictable. It is crucial for traders to stay informed and cautious. As always, remember that investing in crypto is risky and you should never invest more than you can afford to lose.
#TrendingTopic #TRUMP $BTC $BNB $ETH #CryptoCouncil #MarketPullback

In March 2025, Pakistan made a significant move by forming the Pakistan Crypto Council (PCC). This new body is led by Finance Minister Muhammad Aurangzeb as the chair and Bilal Bin Saqib as the CEO. Their main goal is to help Pakistan enter the blockchain and digital asset space while maintaining a careful balance between innovation and regulation.
The PCC quickly got to work. They created a technical committee that includes important members from the State Bank, the Securities and Exchange Commission (SECP), and the Ministry of IT. This group is responsible for developing clear and effective regulations for digital assets in the country.
Beyond regulation, the government has set ambitious plans. They announced the launch of a national Bitcoin Strategic Reserve. Additionally, the government allocated 2,000 megawatts of surplus electricity to support Bitcoin mining and AI data centers. This move aims to use extra energy resources for new technology industries.
A new regulatory body was also established, called the Pakistan Virtual Assets Regulatory Authority (PVARA). This authority will oversee all activities related to virtual assets and help maintain transparency and compliance in the sector. In a surprising development, Binance co-founder Changpeng Zhao (CZ) has joined as a strategic advisor to the council, bringing international expertise to the table.
It is important to note that cryptocurrencies are not recognized as legal tender in Pakistan yet. However, these efforts show that Pakistan is trying to advance in the digital asset sector while being mindful of risks and regulations. If these plans are managed well, Pakistan could become a leading hub for blockchain and digital innovation in the region.
The PCC’s work is not limited to policy-making. It represents a major step forward for Pakistan as the country aims to embrace digital transformation and become more competitive in the global technology landscape.
#CryptoCouncil #MarketPullback