This very trader was in the news last week after selling Bitcoin and about 30 minutes before the announcement of new tariff actions by President Donald Trump. The relocation caused a severe crash in digital assets, resulting in massive liquidations, and the whale earned nearly $192 million in profit.
Analysts, such as popular on-chain tracker MLM, assert that the timing of the two trades might not be a coincidence. MLM stated that the trader was a vital contributor to the liquidation cascade, which wiped out several million-dollar accounts on . More than 250 wallets allegedly lost their millionaire status in the event.
The accusations have sparked a discussion about insider trading in the unregulated cryptocurrency markets. Janis Kluge, a researcher at SWP Berlin, said that the episode showed the transparency gap in decentralized trading. He observed that blockchain records are publicly available, but real-time manipulation of the market cannot be readily established without the involvement of law enforcement.
