How This Trump Insider Made $7.5M On The Trump Executive Order?

Donald Trump’s Executive Order and the Crypto Summit set the trajectory straight for broader crypto market adoption. However, instead of the bull market, it crashed, liquidating millions of digital assets. Interestingly, a Bitcoin whale has earned $7.5M with these events, leaving the crypto community wondering if it is a Trump insider. What’s the story? Let’s discuss this.

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Bitcoin Whale Predicted the Trump Executive Order Crash

According to the Lookonchain post, an alleged Trump insider executed a short position at $96,500 on February 22. Interestingly, its predictions came true: the Bitcoin price plummeted below $80,000, closing the bottom near $78,900.

But that’s just the start, as Trump’s Executive Order brought a price surge in Bitcoin, which favored the whale. As the BTC soared past $94,000, the whale re-entered a short position at the peak of ~$94,424.

Overall, this person made another heavy profit even in the crypto market crash, earning $7.5M collectively. The community has tagged it as a Trump-insider, as its two predictions have come true.

Interestingly, the trader is again eyeing profits as BTC hovers around $82,054. The Bitcoin whale has set additional short positions between $92,449 – $92,636 and placed limit orders to take profit between $70,475 – $74,192. If the price surged, the trader could earn another $70K–$74K in profits.

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Bitcoin Price Predictions: What’s Coming Next For BTC?

With another crypto market crash, Bitcoin’s price dropped 4.5% in the last 24 hours. It currently trades at $80,350 and is facing bearish sentiments as US CPI data is to be released soon. Amid the mass liquidation and bearish sentiments, investors are concerned about a further downtrend.

Veteran trader Peter Brandt has highlighted a declining downtrend with the bearish pennant pattern formation. Adding to his prediction, former BitMEX CEO Arthur Hayes predicts that BTC will retest $78k, and a failure at that could push it down further.

An ugly start to the week. It looks like $BTC will retest to $78K. If it fails, $75K is next in the crosshairs. A lot of options OI is struck at $70-$75K—if we get into that range, it will be violent.

Conclusion: Trump Insiders in Action?

In addition to the aforementioned Bitcoin whale, another trader made heavy returns with the Donald Trump Executive Order and the crypto market crash. With the Ethereum shorting, an alleged Trump insider profited $81M in just two days. Crypto investors are left in awe of such incidents, where some praised these traders’ skills while others called them insiders.

Now, the eyes are all on the Bitcoin price performance and whether this will make the trader another $70,000-$75,000 in profits.