Bitcoin Drops Amid Whale's $235M Short Bet Amid Tariff Fears and US Shutdown

Wednesday, Oct 22, 2025 5:14 am ET1min read

A billionaire crypto whale has placed a $235M short bet on Bitcoin, signaling that big money may be hedging for another leg lower amid tariff fears and the US government shutdown. The whale had previously made $200M in profit by shorting Bitcoin's crash to $100K. The short is currently in profit as Bitcoin trades around $108,000.

Bitcoin Drops Amid Whale's $235M Short Bet Amid Tariff Fears and US Shutdown