Home / Business / Crypto trader bags $160M by shorting ahead of Trump’s China tariff

Crypto trader bags $160M by shorting ahead of Trump’s China tariff

Crypto whale shorts positions in Bitcoin and Ethereum to make millions of dollars.

The crypto market saw more than $17 billion in leveraged positions being wiped out over the last four hours. The development follows President Donald Trump announcing a 100% tariff on China.
However, there is at least one trader who is sitting on mil… [1635 chars]

Source: The Street | Published: 2025-10-11T00:39:10Z

Credit: The Street

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