Crypto Trader Nets $6.8M Amid Trump Crypto Move
The Most Important Facts at a Glance
A crypto trader made a profit of $6.8 million USD within 24 hours through highly leveraged Bitcoin (BTC) and Ethereum (ETH) bets. The transactions took place shortly before an announcement by former U.S. President Donald Trump, in which BTC and ETH were included in the “U.S. Crypto Strategic Reserve.” The precise timing of the trade with the announcement raises questions about possible insider trading.
A Crypto Whale Bets on BTC and ETH
On March 1, 2025, the trader deposited $5.9 million USD in USDC on the Hyperliquid platform. The goal was to open highly leveraged positions. The trader bet on Bitcoin and Ethereum with 50x leverage.
The first Ethereum long positions were opened on March 2 at 14:49 UTC. Just 35 minutes later, Trump announced the inclusion of BTC and ETH in the “U.S. Crypto Strategic Reserve.” This news led to a sharp price increase.
Massive Profits Through Precise Timing
Following the announcement, Bitcoin surged above $94,000 USD, while Ethereum also saw significant gains. The trader closed their Bitcoin positions between $87,332 and $91,399 USD, securing substantial profits.
By March 3, almost all positions were closed, resulting in a realized profit of over $6.8 million USD.
Insider Trading? The Crypto Community Reacts
The precise timing of the trade with Trump’s announcement has sparked speculation about insider trading. Analysts from “The Kobeissi Letter” pointed out the unusual transactions:
You should read that too:
“Someone bet $200 million USD on BTC and ETH with 50x leverage – a 2% drop would have liquidated the position. A few hours later, Trump’s announcement came. Did someone know in advance?”
Experienced traders like Tyrion Trades emphasized that blockchain transparency makes insider trading more difficult, but not impossible.
Market Reaction: Crypto Valuations Rise by $300 Billion USD
Following the announcement, the total market capitalization of the crypto market increased by over $300 billion USD. Trump had previously been critical of cryptocurrencies, but his new stance suggests a strategic realignment.
Additionally, Eric Trump had sparked speculation a few days before the announcement with a “Buy the dips” tweet. In hindsight, this post appears to have been a targeted market prediction.
Our Assessment
The events demonstrate how political decisions can influence the crypto market. The precise timing of the trade with Trump’s announcement raises questions about market integrity and possible insider trading.
Whether the trader actually had prior information or simply made a risky but successful bet remains unclear. However, what is certain is that such events can impact trust in the fairness of the crypto market.
| Wagering requirements | 35x bonus |
| 35x free spins winnings | |
| Minimum deposit | €20 |
| Maximum bet | €5 |
| Bonus validity | 30 days to claim |
| 14 days to wager / 7 days for free spins |
- There is no maximum bonus amount.
- 10 Free Spins per day over ten (10) days on Gates of Olympus or Book of Ra Deluxe.
| Wagering requirements | 40x bonus |
| 40x free spins winnings | |
| Minimum deposit | 0.0005 BTC |
| Maximum bet | 0.00004 BTC |
| Bonus validity | 30 days after registration |
| 14 days (1st), 7 days (2nd), 1 day (3rd) |
- To get the bonus, enter the bonus code before the deposit.
- Minimum deposit: 0,07 BCH • 0,4 LTC • 233 DOG • 45 XRP • 0,01 ETH • 20 USDT • 69 ADA • 0,05 BNB • 184 TRX • 20 USDC.
- Maximum bet: 0.007 BCH • 0.0009 ETH • 0.04 LTC • 23 DOGE • 2 USDT • 4 XRP • 18 TRX • 7 ADA • 0.005 BNB • 2 USDC • 2 EUR • 2 USD.
- Free spins are provided in batches of 25 per day.
- Free spins are credited on the Gamebeat slots: Max Miner (1st), Book of Elixir (2nd) and Odin’s Tree (3rd).
| 1st deposit | 120% up to $500 + 100 Free Spins |
| 2nd deposit | 100% up to $300 + 100 Free Spins |
| 3rd deposit | 150% up to $500 + 100 Free Spins |
| 4th deposit | 100% up to $300 + 100 Free Spins |
| Wagering requirements | 35x bonus |
| 60x free spins winnings | |
| Minimum deposit | $10 (1st) |
| $15 (2nd-4th) | |
| Maximum bet | $5 per round |
| Bonus validity | 30 days to claim, 7 days (1st-4th) |
| 7 days for free spins |
- You must complete the registration and verification process, including a valid email or phone number, to qualify for this bonus.
- You must select the desired bonus during the deposit process.
- There is a maximum withdrawal limit of $10 from winnings derived from free spins.
Advertising transparency