{"id":15802,"date":"2025-03-03T06:31:35","date_gmt":"2025-03-03T06:31:35","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=15802"},"modified":"2025-03-03T06:31:35","modified_gmt":"2025-03-03T06:31:35","slug":"big-gamble-or-insider-trading-whale-opens-50x-leveraged-long-position-on-bitcoin-etherum-closes-just-before-trumps-crypto-reserve-announcement","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=15802","title":{"rendered":"&#8216;Big Gamble or Insider Trading?&#8217; Whale Opens 50x Leveraged Long Position On Bitcoin, Etherum, Closes Just Before Trump&#8217;s Crypto Reserve Announcement"},"content":{"rendered":"<div>\n<p>An investor\u2019s highly leveraged long trade and closure just before President <strong>Donald Trump<\/strong> declared a cryptocurrency strategic reserve on Sunday raised speculation of insider trading.<\/p>\n<p><strong>What happened: <\/strong>In an X post, capital markets commentator <strong>The Kobeissi Letter <\/strong>highlighted how a whale took a 50x leverage on <strong>Bitcoin <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) and <strong>Ethereum <\/strong>(CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/eth\/usd\">ETH<\/a>) to turn an investment of $4 million into a $200 million position.<\/p>\n<p>&#8220;$200 million of longs (including leverage) is no joke, especially in a market where Bitcoin was down 25%,&#8221; The Kobeissi Letter said.\u00a0<\/p>\n<p>The risky move meant that a mere 2% drop in Bitcoin could have liquidated the trader.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is unusual:<\/p>\n<p>24 hours ago, someone took $200,000,000 worth of Ethereum and Bitcoin longs on 50x leverage.<\/p>\n<p>This meant even a 2% drop in Bitcoin would liquidate $200M.<\/p>\n<p>Today, President Trump announced the US Crypto Reserve including BTC and ETH.<\/p>\n<p>Did someone know? <a href=\"https:\/\/t.co\/moTTnqmSWY\">https:\/\/t.co\/moTTnqmSWY<\/a> <a href=\"https:\/\/t.co\/nktfVJWw5v\">pic.twitter.com\/nktfVJWw5v<\/a><\/p>\n<p>\u2014 The Kobeissi Letter (@KobeissiLetter) <a href=\"https:\/\/twitter.com\/KobeissiLetter\/status\/1896305838144548884?ref_src=twsrc%5Etfw\">March 2, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/div>\n<\/p>\n<\/figure>\n<p>Additional data from on-chain tracker <strong>Spot &#8230;<\/strong><\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/25\/03\/44069726\/big-gamble-or-insider-tradingwhale-opens-50x-leveraged-long-position-on-bitcoin-etherum-closes-just-before-trumps\" alt=\"'Big\" gamble or insider trading whale opens leveraged long position on bitcoin etherum closes just before trump crypto reserve announcement>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>An investor\u2019s highly leveraged long trade and closure just before President Donald Trump declared a cryptocurrency strategic reserve on Sunday raised speculation of insider trading. What happened: In an X post, capital markets commentator The Kobeissi Letter highlighted how a whale took a 50x leverage on Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH) to turn [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-15802","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15802","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=15802"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/15802\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=15802"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=15802"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=15802"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}