A whale took a long position on Bitcoin worth about $200 million just before President Trump declared the reserve stockpile, CoinDesk, a media outlet specializing in virtual currencies, reported on the 3rd (local time).
After that, Bitcoin temporarily surged by more than 10% following President Trump's announcement. When Bitcoin soared, the whale quickly liquidated his position, losing $6.8 million.
The whale made the transaction on the cryptocurrency platform HyperLiquid and made a profit of about 1 billion yen.
CoinDesk reported that he was apparently aware of the situation.
2025/03/04 14:23 KST
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