A High-Stakes Bitcoin Bet
Crypto whale 0x3537 made a bold move just hours before unexpected market news shook the crypto scene. Around three hours ago, the wallet address deposited 2.97 million USDC and opened a 3x leveraged long position on 31.44 BTC, totaling a $3.46 million exposure to Bitcoin.
It was a classic high-risk, high-reward trade — the kind whales are known for. But what came next shows how unpredictable macro news can impact crypto in real time.
Trump’s China Tariff Threat Hits Markets
Less than an hour after the whale’s trade, former U.S. President Donald Trump made headlines, warning that China could face a 155% tariff if no trade deal is in place by November 1st.
The news rattled traditional and crypto markets alike, sending Bitcoin’s price downward in immediate response. What started as a potentially well-timed long position turned into a test of nerves as the market reacted sharply to geopolitical tensions.
This incident serves as a reminder that macro events and political rhetoric can disrupt crypto trades, even those made with perfect technical setups.
Whale 0x3537 deposited 2.97M $USDC three hours ago and opened a 3x long on 31.44 $BTC($3.46M).
— Lookonchain (@lookonchain) October 20, 2025
Less than an hour later, President Trump says China may pay a 155% tariff if there is no trade deal by Nov 1 — and the price dropped.
A real trade — no insider info.… pic.twitter.com/MTmNMhLGeC
A Transparent, Real-World Trade
What’s notable here is the transparency and timing. The whale’s position was on-chain and verifiable, with no signs of insider information. It was simply a case of market-moving news arriving at the worst time.
Such high-profile trades show both the risk tolerance of large crypto players and the unpredictable nature of the market. As Bitcoin continues to mature, traders must account for not only charts and indicators but also global politics and regulatory chatter.