A wallet known for perfectly timing the October flash crash has resurfaced — and it has just deployed a $90 million short position on Bitcoin.
Why this is raising eyebrows:
Timing matters. The position was opened just hours before a major announcement expected from Trump today.
History repeats? The last time this wallet made a similar move, Bitcoin saw a sharp decline shortly afterward.
Conviction trade. Putting $90M on the line against BTC isn’t noise — it’s a statement.
This doesn’t mean panic-selling is the right move. However, when a proven whale takes such a massive bearish stance, it naturally raises questions about what information or expectations may be driving this decision.
Key possibilities:
Is the whale anticipating unfavorable news tied to the upcoming announcement?
Are regulatory concerns being priced in early?
Or is this simply a high-risk contrarian bet against the crowd?
Regardless, this is a situation worth monitoring closely. This wallet has built a reputation for precision — and that alone commands attention.
What’s your take? Is this smart money positioning ahead of bad news, or a short that risks getting crushed by a bullish surprise?
Share your thoughts below 👇
Not financial advice. Always do your own research and manage risk responsibly.
