Bitcoin 
$107,888.00Although the price of has tried to recover after the October 10 crash, pessimism continues among experienced investors. arkham An early Bitcoin whale who earned $200 million just before the sharp drop on October 10 is now, according to data hyperliquid He opened a new short position worth 234 million dollars on the stock exchange. The liquidation price of the position is at $123,000. Bitcpin fell back to $108,500 after encountering resistance at $114,000 in the second half of the week.
Trump’s Tariff Threat to China Ignited the Crisis
On October 10, the price of Bitcoin dropped from $122,000 to $102,000. Fall, US President Donald TrumpIt comes just after the company announced that it increased the customs duty on all goods imported from China from 30 percent to 130 percent. While China’s decision to limit rare earth exports weakens global risk appetite, BinanceTechnical glitches in Turkey accelerated panic sales.
According to internal blockchain data, the investor in question made a huge transaction about 30 minutes before Trump’s statement. short position opened and directly benefited from the decline. This brought the whale’s claims of primary access to in-market information back to the agenda.
Whale’s New Position Tests Market Balance
Although Bitcoin has shown a recovery trend in recent weeks, it was confusing that the investor in question opened a short position again. According to the data, the whale opened a short position of $ 234 million after Trump announced that a customs duty of approximately 155 percent would be imposed on China as of November 1, and this position taking damaged confidence in the market. Experts state that a position of this size can strain liquidity conditions and sharpen price movements.
On the other hand, the biggest cryptocurrency In its rise in the last 24 hours, the $ 114,000 phase caused an acceleration of profit taking among investors. The current outlook indicates that volatility will continue due to both geopolitical uncertainties and highly leveraged transactions. CoinMarketCap According to data, Bitcoin is traded at $ 108,088 with a limited decrease of 0.04 percent in the last 24 hours.
