A major whale has placed a massive $50 million short position on Bitcoin (BTC) just hours before President Donald Trump's upcoming cryptocurrency speech, according to market analyst Crypto Rover. The data, shared via the X platform, shows the whale's capital will be liquidated if Bitcoin price rises to $81,000. As of the time of reporting, Bitcoin was trading at $77,720.
The timing of the short has sparked intense speculation across the crypto community. Many traders suspect the anonymous whale may possess private information about the president's address. President Trump is set to deliver a keynote speech at an exclusive TRUMP memecoin holder gala luncheon tomorrow, April 25, 2026, at Mar-a-Lago. The event will host top TRUMP meme coin holders, and the whale's aggressive short positioning suggests an expectation of a market downturn.
Data from CoinGecko indicates BTC has risen 2.6% over the past week and 9.1% over the past month, suggesting recent capital inflows. However, Hyperliquid platform data shows long positions at $1.835 billion (50.73%) and shorts at $1.783 billion (49.27%), representing a nearly perfect equilibrium that market watchers say signals an imminent correction. "The market is at a critical decision point," noted Crypto Rover.
