Bitcoin Whales Take Huge Risk with $100 Million Leverage Bet After Trump’s Market Call

US President Donald Trump urged investors to buy Bitcoin earlier today, coinciding with a major price surge after the announcement of a 90-day customs duty suspension for several countries. A cryptocurrency whale, believed to be connected to prominent figure Andrew Kang, took advantage of this momentum by opening a $100 million long position on Bitcoin with 40x leverage. This significant move is visible on blockchain data from decentralized exchange Hyperliquid. The whale’s position, currently yielding $4.8 million in profit, was initiated at a price level of $78,216, and its liquidation level stands at $76,594. The whale paid $20,000 in funding fees. Following Trump’s remarks, Bitcoin prices surged past $83,000 before settling down, though the position remains highly risky given the leverage involved. Cryptocurrency markets are inherently volatile and high-risk, with leveraging this volatility significantly increasing potential losses. This is not investment advice.