šØ The Whale Missed Out on Millions: Big Gamble or Insider Trading? šØš„
š„ What Happened?
Whale 0xe4d31c25 made some big moves with a 50x long position on $BTC & ETH, only to close them right before Trumpās Crypto Reserve announcementāwhich couldāve boosted those positions significantly. Letās break it down:
š„ Whaleās Trades (24 hours ago):
ETH Long: $200 million position at $2,195KBTC Long: $72 million position at $85.6K
š° Closed 2 Hours Ago:
ETH at $2,225K for a $6M profitBTC at $87.5K for a $6M profit
Total Profit: ~$6 million in the short term, but this whale couldāve made $10M more had they held on through Trumpās Crypto Reserve announcement.
š What This Could Mean:
Big Gamble: This might have been a calculated risk, with the whale deciding to take profits before potential volatility. But considering the Trump Crypto Reserve news that dropped shortly after, it looks like this whale missed out on even bigger gains.
Insider Trading?: Could this whale have inside knowledge? Closing such a large position just before a major crypto event does raise eyebrows. Is it possible they had access to information that others didnāt?
Market Impact: The timing of the trade and the decision to close positions just before a major announcement could have been influenced by expectations of market movementāsuggesting the whale may have been anticipating or reacting to potential market shifts.
š What to Watch For:
Trumpās Crypto Reserve Impact: Given this late move, keep an eye on how Trumpās Crypto Reserve announcement influences BTC and ETH prices. The whaleās decision to close early could have been the wrong one if the market reacts positively.
Future Whale Activity: Keep an eye on any additional whale moves in the coming days. This trade may have been a test, and the whale could be positioning for future market shifts.
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