Trump insider transfers $ 30 million to USDC

A trader known as the «Trump insider,» who has previously gained a reputation for accurate market forecasts, has become active in the cryptocurrency community. According to Onchain Lens, the investor has opened a new short position against bitcoin, which has already triggered a wave of speculation about a possible market decline. Previously, he had successfully shorted Bitcoin and Ethereum before the recent collapse, and now he is betting on a further decline.

ovalyuta made a record transaction for $ 30 million in USDC stablecoin

An address associated with a trader transferred $ 30 million in USDC stablecoin to the Hyperliquid platform and opened a short position worth $ 76 million with 10x leverage. The total volume of the transaction is about 700 BTC, opened at $ 109,133 per coin. The position will be liquidated if the price rises to $ 150,080, which indicates a high level of confidence in the forecast of a decline.

Last week, the same wallet opened new short positions after a short-term recovery in the bitcoin price. According to Lookonchain, the trader recorded them at around $ 115,783, holding 3,440 BTC in shorts with a total value of over $ 392 million. At the time, the trader’s unrealized profit was about $ 5.7 million. To finance these transactions, Hyperliquid transferred about $ 80 million in USDC to the exchange.

Earlier, the trader earned about $ 160 million by opening a short before Donald Trump announced new tariffs, which caused the market to collapse. This gave rise to discussions among analysts about whether it was exceptional intuition or access to inside information. It was this series of trades that earned him the nickname «Trump insider.»

Amid the short-term volatility on the blockchain, there is a tendency for bitcoin stocks on centralized exchanges to decline. Since the beginning of October, more than 45,000 BTC (about $ 4.8 billion) have been withdrawn from them, indicating an accumulation of assets. This may reduce selling pressure but also increase the risk of sharp fluctuations when large positions are liquidated. At the time of publication, bitcoin was trading at around $ 110,261, up 3% from the previous day but down 11% from two weeks ago.