Bitcoin Whale Closes $200M Short Position Ahead of Price Rise
ByAinvest
Friday, Oct 24, 2025 10:01 pm ET1min read
BTC--
ETH--
A Bitcoin whale, allegedly linked to President Trump's family, closed a $200 million short position on Bitcoin ahead of the asset's price rise. The whale, known as "7283ae," earned close to $200 million in October by shorting Bitcoin and Ethereum. The account's latest trade paid off with a profit of over $6.4 million and has now mustered nearly $100 million in total profits on Hyperliquid.

Stay ahead of the market.
Get curated U.S. market news, insights and key dates delivered to your inbox.
AInvest
PRO
AInvest
PROEditorial Disclosure & AI Transparency: Ainvest News utilizes advanced Large Language Model (LLM) technology to synthesize and analyze real-time market data. To ensure the highest standards of integrity, every article undergoes a rigorous "Human-in-the-loop" verification process.
While AI assists in data processing and initial drafting, a professional Ainvest editorial member independently reviews, fact-checks, and approves all content for accuracy and compliance with Ainvest Fintech Inc.’s editorial standards. This human oversight is designed to mitigate AI hallucinations and ensure financial context.
Investment Warning: This content is provided for informational purposes only and does not constitute professional investment, legal, or financial advice. Markets involve inherent risks. Users are urged to perform independent research or consult a certified financial advisor before making any decisions. Ainvest Fintech Inc. disclaims all liability for actions taken based on this information. Found an error?Report an Issue



Comments
No comments yet