‘Trump Insider Whale’ Increases Bitcoin Short to $485M Amid Crypto Market Crash

Paul
4 hours ago
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Donald Trump beside Bitcoin symbol and whale image illustrating major crypto market activity.

Highlights

  • Trump Insider Whale expands Bitcoin shorts to $485 million as market declines sharply.
  • BlackRock deposits $77.67 million BTC to Coinbase Prime, fueling further bearish sentiment.
  • Bitcoin social sentiment hits multi-year low after Friday’s major flash crash.

The entity known as the “Trump Insider Whale” has deepened his bearish stance against Bitcoin. He expanded his short positions to $485 million as the Bitcoin price experiences another sharp downturn.

The move, disclosed by Arkham Intelligence, comes as Bitcoin faces intensified selling pressure following large-scale BTC deposits by BlackRock to Coinbase Prime.

Hyperunit Whale Extends Short Positions on Bitcoin

According to Arkham data, the whale has now added an additional $150 million to his shorts. This brings the total to $485 million, with approximately $22 million in unrealized profit.

Referred to as the Hyperunit Whale by Arkham, the whale previously shorted Bitcoin worth $340 million. The address linked to the whale, holding over $5.4 billion in assets, has been a consistent source of high-impact trades since last Friday.

Arkham data indicates that this trader gained nearly $200 million from shorting the market during the last major Bitcoin selloff. The whale’s aggressive positioning reflects growing expectations of continued weakness in risk assets. When whales expand shorts during a crash, it usually means the sentiment is still fearful, not exhausted

BlackRock’s BTC Deposit Fuels Bearish Momentum

Adding to the negative sentiment, Lookonchain revealed that BlackRock deposited 704 BTC (worth $77.67 million) into Coinbase Prime. At the time of writing, Bitcoin price trades around $111,618 down more than 3% in 24 hours. The combined effect of large institutional transfers and leveraged short positions has deepened uncertainty in the near-term outlook.

CoinGlass data showed that Bitcoin’s futures volume rose 3.19% to $129.48 billion. Also, open interest declined 2.90% to $72.87 billion, pointing to position closures amid volatility.

Bitcoin price and trading volume chart showing increased activity through 2025 volatility.
BTC volume spikes highlight periods of heightened volatility and investor activity across major market moves.

Bitcoin Sentiment Hits Multi-Year Low

In addition, market analyst Ali reported that social sentiment around Bitcoin has dropped to its lowest level in years following Friday’s flash crash. The chart from Santiment provided in his post reveals that retail excitement has plummeted drastically.

Historically, the accumulation by institutional players often happens after similar sentiment collapses. In contrast, famed hedge fund manager Paul Tudor Jones predicted an explosive Bitcoin rally.

Still, several traders have become risk-averse as the crypto market decline continued. However, the fact that the whale’s action means that recovery might be delayed.

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Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
Paul Adedoyin is a crypto journalist with 4+ years experience who provides timely news, in-depth research, and insightful content to inform and empower his audience. His works have been featured on sites such as CryptoMode, CryptoNewsFlash among others. He holds a degree in Geophysics from OAU, Nigeria. When he's not writing, he loves watching soccer and reading educative journals. He can be reached via [email protected]
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.