A Satoshi-era Bitcoin whale opened over $1.1 billion in short positions against BTC and ETH just before President Donald Trump announced 100% tariffs on Chinese imports, generating an estimated $27 million in unrealized profits as markets crashed. The trader, identified by blockchain tracking firm Lookonchain as a “Bitcoin OG” who held 86,000 BTC from 2011, deposited funds into Hyperliquid starting October 9 to establish highly leveraged bets against the crypto market’s top two assets.The timing sparked widespread speculation about insider knowledge, with the trader doubling down on shorts just 30 minutes before Trump’s tariff announcement that sent Bitcoin plunging from above $122,000 to briefly below $102,000. Is Trump creating market panic for investors ?
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