A whale, identified as "0xdDc", initiated a $BTC short position with 40x leverage prior to the #TRUMP announcement. This position is now facing a potential loss of $3.7M, and the whale has deposited $1M in $USDC to mitigate the risk of liquidation.

It appears that the outcome was less than optimal, leading to a decline in profits from $8.6 million to $4.3 million.