Crypto News

The founder of the mechanism for the mechanism doubles the bitcoin position long with $ 200 million

Andrev Kang, Capital Capital Capital Curn Mechanish, seemingly doubled on her bet that Bitcoin will get in price with a long position in the amount of $ 200 million, Onchain data show

“Andrew Kang just doubled the position of Bitcoin,” Cripto Analytics company Arkham said In April 12 x the post. He explained the crypto address associated with Kang has made another $ 100 million bay at bitcoin (Btc) with the expected profit or loss, of $ 6.8 million.

9. April Arkham noted If a wallet in Kang put $ 100m in Beloglav in Bitcoin after US President Donald Trump published to his truth a social platform earlier and the same day when “this is a great time to buy !!! DJT.”

The founder of the mechanism for the mechanism doubles the bitcoin position long with $ 200 million

Source: Arkham

Just a few hours later, the Administration trump announced 90 days break On its global plastight tariff mode, which sent crypto and reunification supplies. Tariffs, first presented 2. April, they lived live only hours earlier and to have printed the most financial markets.

Kang said In 12. April in the part of the war capitulation and “Trump invested” – the belief that the president will work on the farmer’s distance – “are the perfect combination for BTC to reverse the multi-month trend.”

The founder of the mechanism for the mechanism doubles the bitcoin position long with $ 200 million

Kang noticed Trump’s and April the truth of a social post could be a sign of the so-called “Trump”. “Source: Andrew Kang

Meanwhile, the Democrats of Senate called on the Securities and Exchange Commission at 11 April letter to launch Insider trading And the market manipulation probe in Trump and his branches over the post, which they said, “His plans” appear to stop tariffs.

Bitcoin Choppy on the confusion of tariff

Bitcoin saw over 2% swing in the last 24 hours as Trump Administration went back and forth At the tariff exemption for Chinese electronic goods.

Related: NFT Trader is facing $ 13m tax collection prison on Criptopunk profit

Bitcoin hit 24 hours $ 83,197, deleting most gains he made before the weekend, but has since recovered the attitude store over last day at about $ 85,000 after a short hit in the top of $ 85,315 data It shows.

Abdomen published The truth Social 13. April that “no tariff” exception “was not announced”, “11. April, but to impose on Chinese electronics” to another tariff “bucket” of 20%.

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