The “Trump Insider Whale” has returned with another massive short position on Bitcoin. The move comes just hours before President Trump’s crypto-related announcement, scheduled for today. This has led to renewed fears of a possible crypto crash.
Insider Who Shorted the Last Crypto Crash Returns
The trader, nicknamed the “Trump Insider Whale,” made headlines last week after reportedly shorting $735 million worth of Bitcoin just 30 minutes before the U.S. president unveiled a 100% tariff on Chinese imports. That announcement sent Bitcoin plunging to around $104,000 and wiping out more than $670 billion from the global crypto market.
In a new development, the whale has expanded his Bitcoin short to $127 million. This move has fueled speculation that another major crypto crash could be on the horizon.
🚨 BREAKING:
INSIDER WHO SHORTED THE TARIFF CRASH IS BACK AHEAD OF TRUMP URGENT ANNOUNCEMENT TODAY!
JUST LIKE LAST TIME, HE’S GOING ALL IN AND SHORTING $BTC WITH $127 MILLION.
SHOULD WE EXPECT ANOTHER MARKET CRASH TODAY?? pic.twitter.com/YJMHkMhRoZ
— 0xNobler (@CryptoNobler) October 16, 2025
Two days earlier, the Trump Insider whale increased his short exposure to $485 million, reportedly sitting on $22 million in unrealized gains before scaling the bet even higher.
The timing of the trade comes as President Trump is set to deliver a “big crypto announcement” later today, and markets are bracing for volatility.
Analysts say the direction of the market could hinge on Trump’s tone:
- A tougher stance on trade could reignite risk aversion, hitting both stocks and crypto.
- A pro-Bitcoin or regulatory clarity announcement might trigger a relief rally.
- Hints of fiscal stimulus could lift overall risk sentiment.
Notably, Investor and TV host Jim Cramer criticized the market’s reaction ahead of President Trump’s upcoming remarks on China, calling it “silly” that futures were climbing despite the uncertainty.
The futures take the market up oblivious to what Trump is going to say about china… so silly.. WAIT
— Jim Cramer (@jimcramer) October 16, 2025
The Aftermath of Trump’s Tariff Shock
Last week’s crypto crash has left many investors in fear of what this could mean. Over 1.6 million traders were liquidated in 24 hours. This was the most significant single-day liquidation in history. Altcoins were hit especially hard, with some tokens plunging as much as 90%.
The turmoil followed escalating tensions between the U.S. and China. After Trump’s tariff announcement, China responded by introducing “special charges” on American-owned vessels. The country’s Ministry of Commerce warned that it would “fight to the end if the U.S. wants a trade war.”
Despite the turmoil, some analysts remain optimistic. Chief Investment Officer at Bitwise, Matt Hougan, downplayed the crypto crash, calling it a “momentary shakeout” that failed to alter the long-term bullish trend. His comments came as both Bitcoin and Ethereum began to recover from their lows, helped by rising ETF inflows.
By Monday morning, Bitcoin had already rebounded to around $115,000, nearly erasing the losses from the sudden sell-off. Spot Bitcoin and Ethereum ETFs attracted a combined $338 million in net inflows on October 14, signaling that institutional confidence remains strong.
With Trump’s upcoming announcement, traders are watching closely to see if another crash could happen. The “Trump Insider Whale” seems to be betting on another wave of downside, but market sentiment is mixed.
