🚨 Breaking: A Costly Bitcoin Trade Highlights Market Risk
A trader known as “Trump’s insider” has exited a large $311M Bitcoin long position with a reported loss of $3.8M. Despite a reputation for high accuracy and opening the trade ahead of Trump’s signing, the market moved against the position.
The episode underlines a key reality of crypto markets: narratives and perceived insider timing do not remove risk. Even well-known, well-capitalized traders can face losses, reinforcing the importance of discipline and risk management.
