TLDR
- A Bitcoin whale increases short position to $340M despite market rebound.
- The whale made $200M profit after shorting Bitcoin before last week’s crash.
- Speculation grows over Barron Trump’s potential involvement with Bitcoin short.
- Bitcoin’s price drop leads to increased short position, sparking market concerns.
A large Bitcoin short position worth $340 million has raised new concerns in the cryptocurrency market. This move follows a $200 million profit made just days before the significant market crash last week, which occurred after U.S. President Donald Trump’s tariff announcement on China. As the whale behind this short increases its position, speculation mounts over whether another Bitcoin price drop is on the horizon.
The Trump Insider Whale’s Move: A $340 Million Short
The recent increase in a massive Bitcoin short position to $340 million has attracted widespread attention in the cryptocurrency community. This whale first gained notice after making a substantial profit from a Bitcoin short position just ahead of the market crash on October 6, 2025.
The timing of the trade aligned closely with Trump’s announcement about a 100% tariff on China. Following the news, Bitcoin’s price fell sharply, making the short position highly profitable.
Despite Bitcoin’s recovery after the crash, the whale has continued to bet against the cryptocurrency. According to on-chain data, the whale’s position remains active, with an unrealized profit sitting at nearly $4 million. The current short position has triggered speculation that the whale might anticipate further declines in Bitcoin’s price, even as market sentiment appears to recover.
The Timing and Profit of the Previous Short Position
Before the October 6 crash, the whale had shorted Bitcoin with a position that reportedly reached $735 million. This move was made just minutes before Trump’s tariff announcement, leading some to suspect insider information. The short position turned highly profitable, generating about $200 million in gains as Bitcoin’s value plummeted to $104,000.
The proximity between the short position’s timing and the tariff announcement has raised suspicions of insider trading. However, no direct link has been confirmed between the whale and any insider sources within Trump’s administration. Some reports suggest that the whale might belong to Chinese investor Garrett Jin, who denied having any inside information about the tariff announcement.
The Speculation Around Barron Trump’s Involvement
There has also been speculation surrounding Barron Trump, the youngest son of Donald Trump, as the potential figure behind the short positions. Some social media posts have linked him to the whale, suggesting that Barron could be the one profiting from these trades.
According to unconfirmed reports, Barron Trump has accumulated significant wealth from cryptocurrency investments through his family’s World Liberty Financial project. However, no solid evidence has surfaced to substantiate these claims.
The speculation has fueled controversy, particularly regarding the legitimacy of the trades and whether there has been any inside knowledge influencing market moves. However, it is important to note that these claims remain speculative, with no official confirmation linking Barron Trump to the whale’s positions.
What Does the Future Hold for Bitcoin?
The increase in the short position comes despite a recent market rebound, which suggests that the whale might anticipate another downturn in Bitcoin’s price. While Bitcoin did regain some bullish momentum after Trump’s comments about the tariff situation, concerns about further volatility remain. Analysts like Peter Brandt have reassured investors that Bitcoin’s bull market is still intact, despite recent crashes.
However, other experts believe that Bitcoin’s price needs to sustain levels above $120,000 for the bullish trend to continue. The $117,000 level is seen as critical for determining whether Bitcoin can maintain its upward trajectory or face another decline. The increased short position by the whale suggests that the crypto market may still face uncertainty in the coming weeks.
As the situation unfolds, it remains to be seen whether this whale will continue to profit from the market volatility or if Bitcoin will manage to stabilize. Traders and investors are closely monitoring the market’s movements, as any sudden price shifts could further fuel speculation about future trends.
