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In a striking sequence of events, a Bitcoin trader known for high-stakes leveraged positions has reportedly secured a $4.2 million profit by longing Bitcoin (BTC) with 40x leverage. This move coincided with President Donald Trump’s unexpected announcement of a 90-day pause on most global tariffs, while simultaneously increasing tariffs on Chinese imports to 125%.
Trader’s Strategic Move
The trader entered a long position on BTC at an entry price of $78,216, with a liquidation threshold at $76,630. Given Bitcoin’s recent price surge to approximately $82,441, this position has yielded substantial profits.
Tariff Announcements and Market Impact
On April 9, 2025, President Trump declared a 90-day suspension of planned tariff increases on numerous countries, citing diplomatic engagements with over 75 nations seeking trade negotiations. However, tariffs on Chinese goods were sharply elevated to 125%, attributing the hike to China’s alleged lack of respect in trade dealings.
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This policy shift led to a significant rebound in U.S. stock markets, with major indices experiencing notable gains.
Potential Insider Trading Concerns
The timing of the trader’s leveraged position, aligning closely with the tariff announcements, raises questions about possible insider knowledge. The trader’s ability to anticipate market movements so precisely suggests the potential use of non-public information, which could constitute insider trading.
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Yet, given this trader’s track record of seemingly always being right, it’s crucial to closely monitor their actions moving forward. Their consistently accurate predictions could offer valuable insights into the complex intersection of global events and market behavior, making them a figure to watch for anyone looking to understand how real-world decisions impact financial markets. Or, it’s just someone who knows someone, who makes ruthless macro-economic decisions. Go figure!
Feature image by Dima Pechurin
