Yesterday President Trump announced the of signing an Executive Order to go ahead with a Strategic Digital Asset Reserve that includes XRP, SOL, and ADA. Minutes later he then announced that the Reserve would 'obviously' also include BTC and ETH.
A short time before the announcement someone went 50x long on BTC and ETH, using just $4M to create a $200M position. They have now closed most of their trades, raking in over $6.8M in a single day.
Had BTC dipped just 2%, the position would of been liquidated meaning it was either someone with 'miraculous' timing or an insider with prior knowledge of the announcement.
They went long at:
• $ETH at $2,197, liquidation at $2,149.4
• $BTC at $85,908, liquidation at $84,752
Always DYOR.
