Bitcoin and the general crypto market have witnessed another significant downturn this year, with prices falling by double digits in the late hours of Friday, October 10. This bearish pressure started when rumors of a trade war between the United States and China emerged in the early hours of Friday. The downward pressure intensified after US President Donald Trump declared that the US would impose a 100% tariff on Chinese goods. As a result of this announcement, over $5.5 billion was liquidated from the crypto market in less than an hour, with the Bitcoin price briefly falling to as low as $101,500. Is This BTC Whale Linked To The US Government? In a recent post on X, on-chain analyst Maartunn highlighted a specific Satoshi-era Bitcoin investor who might have expected this downturn way before it happened. A look at the trader’s market moves suggests that the large BTC holder almost always knows something the market doesn’t. Related Reading: Bitcoin Whales Are Back: Three Indicators Suggest A Run Toward $130,000 While the price of Bitcoin steadily dropped towards $117,00 during the day, blockchain analytics platform Lookonchain revealed that this Bitcoin OG kept piling up their short positions up to $1.1 billion. Following the BTC crash below $110,000, this large investor made a profit of over $160 million, leading to speculations about them having insider information. Maartunn went further to highlight the large holder’s activities in the past few months. According to the analyst’s post on the social media platform X, this Bitcoin OG started selling part of their 86,000 Satoshi-era BTC stash when prices peaked around August 2025. Similarly, the BTC whale took to shaving off their holdings again when the Bitcoin price ran up to new highs in early October. What’s more interesting is that the Satoshi-era investor soon opened leveraged short positions on both Bitcoin and Ethereum on the Hyperliquid platform. Maartunn thought that the timing of these trades might be interesting, especially as the general crypto market soon witnessed a downturn due to President Trump’s tariff announcement. The on-chain analyst then concluded that the “Satoshi-era OG have insider ties to the US government.” Bitcoin Price At A Glance As of this writing, the price of BTC stands at around $113,250, recovering swiftly from the plunge to around $101,500. However, the premier cryptocurrency is still down by nearly 7% in the past 24 hours. Related Reading: Bitcoin Dominance Dilemma – Why Capital Flows Back To BTC Before Fuelling Altcoin Rally Featured image from iStock, chart from TradingView

أثارت الانخفاضات الأخيرة في سعر البيتكوين والسوق المشفرة بشكل عام قلق المستثمرين، خاصة بعد أن قام أحد الحيتان ببيع 1.1 مليار دولار قبل أن تُعلن أخبار الرسوم الجمركية. وقد تم تحفيز هذا الاتجاه الهبوطي بسبب شائعات حول حرب تجارية بين الولايات المتحدة والصين، والتي تصاعدت عندما أعلن الرئيس ترامب عن فرض رسوم جمركية بنسبة 100% على السلع الصينية. وقد استجاب السوق بشكل حاد، مما أدى إلى تصفية أكثر من 5.5 مليار دولار. تسلط هذه الحالة الضوء على تقلبات العملات المشفرة وتأثير الأحداث الجيوسياسية على الأسواق المالية.

La reciente caída del Bitcoin y del mercado cripto en general ha generado preocupaciones entre los inversores, especialmente después de que una ballena supuestamente vendiera en corto 1.1 mil millones de dólares justo antes de que se conocieran las noticias sobre los aranceles. Esta tendencia bajista fue desencadenada por rumores de una guerra comercial entre Estados Unidos y China, que se intensificaron cuando el presidente Trump anunció un arancel del 100% sobre los bienes chinos. El mercado reaccionó de manera drástica, llevando a más de 5.5 mil millones de dólares en liquidaciones. Esta situación resalta la volatilidad de las criptomonedas y el impacto de los eventos geopolíticos en los mercados financieros.

La récente baisse du Bitcoin et du marché crypto en général a suscité des inquiétudes parmi les investisseurs, surtout après qu'une baleine a apparemment vendu à découvert 1,1 milliard de dollars juste avant l'annonce des tarifs. Cette tendance baissière a été déclenchée par des rumeurs de guerre commerciale entre les États-Unis et la Chine, qui se sont intensifiées lorsque le président Trump a annoncé un tarif de 100 % sur les biens chinois. Le marché a réagi vivement, entraînant plus de 5,5 milliards de dollars de liquidations. Cette situation met en lumière la volatilité des cryptomonnaies et l'impact des événements géopolitiques sur les marchés financiers.

The recent downturn in Bitcoin and the broader crypto market has raised concerns among investors, particularly after a significant whale reportedly shorted $1.1 billion just before tariff news broke. This bearish trend was triggered by rumors of a trade war between the U.S. and China, which escalated when President Trump announced a 100% tariff on Chinese goods. The market reacted sharply, leading to over $5.5 billion in liquidations. This situation highlights the volatility of cryptocurrencies and the impact of geopolitical events on financial markets.

Satoshi-Era Bitcoin Whale Shorted $1.1B Before Tariff News — Insider Tip?

Lower adjusted net asset value multiple means Strategy can no longer issue equity at a premium, threatening its long-term plan to accumulate more bitcoin, analyst Brett Knoblauch wrote.

شهدت أسهم Strategy انخفاضًا كبيرًا، مما دفع Cantor إلى خفض هدفه السعري بسبب انخفاض مضاعف القيمة الصافية للأصول المعدلة. وأشار المحلل بريت كنوبلاخ إلى أن هذه الحالة تمنع Strategy من إصدار الأسهم بسعر أعلى، مما يهدد خططها طويلة الأجل لتجميع المزيد من البيتكوين.

Las acciones de Strategy han experimentado una fuerte caída, lo que llevó a Cantor a reducir su objetivo de precio debido a un múltiplo de valor neto de activos ajustado más bajo. El analista Brett Knoblauch destacó que esta situación impide que Strategy emita acciones a una prima, poniendo en peligro sus planes a largo plazo para acumular más bitcoin.

L'action de Strategy a connu une forte baisse, incitant Cantor à réduire son objectif de prix en raison d'un multiple de valeur nette d'actif ajustée plus bas. L'analyste Brett Knoblauch a souligné que cette situation empêche Strategy d'émettre des actions à un prix supérieur, mettant en péril ses plans à long terme d'accumulation de bitcoin.

Strategy's stock has experienced a significant decline, prompting Cantor to reduce its price target due to a lower adjusted net asset value multiple. Analyst Brett Knoblauch highlighted that this situation prevents Strategy from issuing equity at a premium, jeopardizing its long-term plans to accumulate more bitcoin.

Satoshi-Era Bitcoin Whale Shorted $1.1B Before Tariff News — Insider Tip?

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