🚨 Even “Insiders” Get Wrecked in Crypto
A trader known online as “Trump’s insider” just closed a $311M BTC long for a $3.8M loss.
He allegedly opened the trade ahead of Trump’s signing and had a perfect win rate before this. Still, the market moved against him.
Just another reminder that crypto doesn’t care who you are — risk is real for everyone.
BTC #Bitcoin #Crypto
https://i.redd.it/gc0e122ra5cg1.jpeg
Posted by MHSN_WEB333
6 Comments
No bro, internet is full of stupid people, as long as they see a big position it is an insider.
If he wins he is a Trump insider, if he loose he is a stupid Trump insider.
In the internet’s opinion, everyone who open a more than 50M long or short (maybe in 25 leverage, so actually only 2M) is an insider.
“Buy High Sell Low”
He needs the cash there’s why he sell?
A Trump losing money is business as usual. Why is this even news?
Ppl trading on inside information still get it wrong plenty often. You just don’t hear about it on the news because no one* was ever accused of insider trading when they lost on the trade lol.
What this does show is this person is not stupid. They know when to close a loser when they were wrong before it gets worse. A lot happened this week geopolitically that could override some inside info that made someone think a pump was coming.
Why do you use hashtags on reddit? And how many alt accounts are you posting this stuff with?
• Even insiders get rekt 😬 Thoughts?