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A trader linked to Trump closed a short on Bitcoin at $86.6 million
According to Arkham Intelligence, the "Trump whale-insider" closed short positions in Bitcoin worth $86.6 million, realizing a profit of $2.38 million.
The step coincided with the statements of the US president about optimism regarding a possible economic deal with China. After that, bitcoin rose to $110 000.
💵 The whale still holds open positions at $140 million, which generate about $4.3 million in profit.