A large crypto wallet (suspected to be the wallet of U.S. President Trump's son) (Crypto Wallet) has shorted the entire market
This means this person has predicted that the market is going to drop, so he wants to profit from the decline in prices
💰 Total position value is approximately 500 million dollars (half a billion dollars)
He is shorting the following cryptocurrencies
(Ethereum)
(Bitcoin)
$HYPE
$PUMP
$XPL
$SOL (Solana)
$ASTER
$SUI
$INJ (Injective)
$DOGE (Dogecoin)
This means it is possible that he is predicting a major market crash (Crypto Market Crash)
🧠 Meaning: If this prediction turns out to be correct, a rapid decline in the crypto market could be seen in the coming days
BTC
66,429.04
-1.76%
ETH
1,944.41
-1.00%