Alleged 'Trump Insider Whale' Denies Insider Trading, Opens New $340 Million Bitcoin Short - Decrypt

Alleged 'Trump Insider Whale' Denies Insider Trading

A whale that earned millions shorting Bitcoin and Ethereum before Friday's crash has opened a new $340 million Bitcoin short.

The whale, who earned close to $200 million by shorting Bitcoin and Ethereum prior to Trump's tariff announcement, denies being a Trump insider.

The person purportedly behind it insists that there's no connection to the First Family.

The Ethereum address ending in “7283ae” was used for the transaction.

Author's summary: Whale denies Trump insider claims.

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Decrypt Decrypt — 2025-10-14