Well, butter my biscuit and call me a skeptic, but it seems we’ve got ourselves another high-falutin’ “whale” splashing around in the Bitcoin pond. This fella, with a history of betting against the ol’ crypto darling, has decided to double down-nay, quadruple down-with a whopping $392 million short position. 🤑 If that don’t send shivers down your spine, I reckon you’re made of stronger stuff than most.
Now, the crypto crowd’s all aflutter, wringing their hands like a bunch of nervous hens. 🤔 They’re squawking about the timing, the size, and the fact that this whale’s got a knack for profiting from market crashes. Last week, this slick operator walked away with a cool $200 million after shorting BTC and ETH just hours before the market took a nosedive. Coincidence? I’d sooner believe pigs can fly. 🦅
The Whale’s Whopping Wager
Financial wizard Jacob King-bless his heart-sounded the alarm on this latest shenanigan. Seems our whale boosted their short bet by 140%, slamming down a $392 million wager that Bitcoin’s gonna tank harder than a lead balloon. 🤯 Arkham Intelligence, those sleuths of the crypto world, dubbed this fella the “Trump Insider Whale,” which sounds about as trustworthy as a used-car salesman with a gold tooth. 🦷
🚨 JUST IN: The Insider Bitcoin Whale who shorted the last crash has upped the ante by 140%, betting a staggering $392 million that BTC will belly-flop. Crash 2.0 incoming? 🚨
– Jacob King (@JacobKinge) October 14, 2025
This whale’s wallet-address 0xb317…
-controls over $10 billion in assets, including enough BTC and ETH to make a king blush. 🏰 StarPlatinum, a crypto Sherlock, pointed out that this wallet opened a massive short position just 30 minutes before Trump’s tariff announcement on October 10. Result? A $192 million profit. 🕵️♂️ Smells fishier than a week-old catfish to me.
🚩 This is the most dangerous address in crypto right now:
0xb317d2bc2d3d2df5fa441b5bae0ab9d8b07283ae
Dropped $40M USDC on October 13 and opened BTC shorts worth $343.6M (3,000 BTC at 10x leverage). This whale’s got more tricks than a riverboat gambler. 🎰
– StarPlatinum (@StarPlatinumSOL) October 13, 2025
Some say this wallet’s tied to Garrett Jin, former CEO of BitForex. Jin denies it, of course-wouldn’t you? 🤷♂️ But the pattern’s clear as moonshine: big USDC deposits, shorts opened just before news breaks, and profits pocketed faster than you can say “insider trading.”
The Crypto Crowd’s Got Questions
The peanut gallery’s not buying it. EGRAG CRYPTO, a voice of reason in this madhouse, tweeted, “If this whale makes money from this trade based on Trump’s announcement, he should be investigated.” 🎯 Janis Kluge, a researcher at SWP Berlin, chimed in, “Crypto people are realizing today what it means to have unregulated markets: Insider trading, corruption, crime, and zero accountability.” 🕵️♀️
🤡 Crypto’s Wild West: Where whales swim free, and the little fish get fried. 🍳
After the crash, over 250 wallets on Hyperliquid lost their millionaire status. Ouch. 😢 Meanwhile, some daredevil opened a 40x long position on Bitcoin. Talk about betting the farm! 🏦 Binance, caught in the crossfire, denied any technical failure and called it a “display issue.” Sure thing, buddy. 🙄
So, is this Crash 2.0, or just another day in the crypto circus? 🤹♂️ One thing’s certain: this whale’s got more secrets than a Masonic lodge. Keep your eyes peeled, folks-this ain’t over yet. 🌪️
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2025-10-14 13:01