A new geopolitical twist is shaking up the crypto markets. The so-called “Trump insider whale” has once again expanded its short positions on Bitcoin, just as President Donald Trump signed a strategic $2 billion deal with Australia to reduce Western dependence on China in critical mineral supply chains.
The Whale Bets Against Bitcoin
According to on-chain data, the influential whale added another 200 BTC to its short position (worth around $22.1 million), bringing its total exposure to 900 BTC — valued near $99.6 million.
The entry price stands at $109,521, with a liquidation threshold around $141,000.
The trader — who reportedly earned over $160 million from previous market moves linked to Trump’s tariff declarations — appears to be betting on another macro-driven downturn. This comes right after a $76 million sell-off, signaling renewed bearish sentiment amid global political tension.
Interestingly, while this insider whale doubles down on shorts, other institutional investors have opened long positions worth over $255 million across Bitcoin and Ethereum — highlighting a sharp divide in market sentiment.
Trump Strengthens Alliance with Australia Against China
At the same time, President Trump announced a $2 billion partnership with Australia, aimed at fortifying supply chains for critical minerals and reducing reliance on Chinese exports.
Both countries will invest $1 billion each over the next six months in mining and processing projects for materials essential to semiconductors, EVs, and defense technologies.
“A year from now, we’ll have so many critical minerals, you won’t know what to do with them,”
Trump declared during a joint press conference.
The agreement is viewed as a strategic counterweight to China’s dominance in global trade and part of a broader alliance that also includes nuclear submarine cooperation between the U.S. and Australia.
Trade War Tensions Escalate
China has introduced new “special port fees” on U.S.-built or operated vessels, while Washington retaliated with tariffs on Chinese wood, furniture, and household imports.
Trump further warned that tariffs up to 155% could follow if no agreement is reached by November 1st — though he expressed optimism that a deal could still be achieved before the deadline.
At the time of writing, Bitcoin is trading at $107,692.
#bitcoin , #TRUMP , #china , #Geopolitics , #USPolitics
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
某 CEX CEO：美股单日蒸发超 1 万亿美元，比特币表现相对稳健
3月27日，某CEX CEO指出美股大幅下挫反映全球市场加速重估宏观风险，油价上涨与地缘政治影响全球资本配置。尽管比特币短期高波动，但其相对稳健表现显示加密市场杠杆率下降，部分投资者将比特币视为中性配置选择。
GateNewsJust Now
'Rich Dad Poor Dad' Author Saves Bitcoin and Shuts Down Critic of His Big Crash Prediction - U.Today
Robert Kiyosaki, known for his financial insights, addresses criticism for his "get rich in a crisis" tweet while maintaining his prediction of a major economic crash in 2026. He emphasizes his investment strategy focusing on assets like Bitcoin and gold, avoiding traditional stocks and cash.
UToday1m ago
Rising U.S. Treasury yields and a strengthening dollar put pressure on risk assets like cryptocurrencies.
Bitcoin recently fell below $68,000, down about 2% in 24 hours. Market sentiment is bearish, with liquidity concentrated below $66,000. The surge in the U.S. 10-year Treasury yield has reduced the appeal of risk assets, while rising oil prices and a strengthening dollar have intensified market uncertainty.
BlockBeatNews11m ago
The U.S. Treasury Secretary angrily criticized the FT for "fabricating content" and denied ever supporting a model based on the Bank of England.
U.S. Treasury Secretary Scott Bessent criticized the Financial Times report about his support for a accountability mechanism similar to that of the Bank of England, calling it "a complete fabrication." He emphasized that he had not proposed any related plans and expressed disdain for the Bank of England's communication mechanism. This incident reflects the sensitivity of the U.S. regarding the independence of its monetary policy, and it could impact the cryptocurrency market.
GateNews12m ago
