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The Allegation
According to the analyst:
“TRUMP JUST TRIGGERED THE BIGGEST CRYPTO CRASH
And it was all pre-planned….,
Two days before Trump’s Truth Social post, one of Bitcoin’s oldest wallets suddenly started opening large short positions on $BTC and $ETH worth billions.
 
No catalyst. No headlines. Just silent movement on-chain….”
The main allegation here is that a 3rd person, holding information regarding the possible escalation of the trade war against China, opened short positions on Bitcoin derivatives worth billions as he knew the market would react negatively against the news. Not only crypto but also the S&P 500 and other platforms recorded major price dumps. Bull Theory continued:
“…..,Then came the post.
Trump warned that China would face massive tariffs, hinting at a trade escalation.
Markets reacted instantly a small dip, some volatility, but nothing major yet.
But the real hit came hours later.
From the White House podium, Trump officially announced 100% tariffs on all Chinese imports starting November 1.
→ A shock no one priced in.
Within minutes, chaos followed:
…., 30 minutes before Trump’s official announcement, that same whale doubled their short exposure”
What This Means
If true, this exposé is set to be a vast development that might land the accused in trouble for using insider information to manipulate markets. It is worth noting that even a bullish S&P 500 reported significant instantaneous losses due to the latest escalation of the US-China trade war. But, Bull Theory may not be the best source for uncovering such a major allegation, so it needs to be investigated by competent authorities.
The crypto market is still reeling from a massive price drop that caused a more than 8% decline in Bitcoin in just minutes, while altcoins lost a quarter of their value, affecting futures traders the most.
While Trump’s latest antagonistic move may significantly threaten the current world order, which is built around the Chinese manufacturing complex, the crypto market still shows strong fundamentals and has the strength to recover effectively.