Despite a recent dip, Bitcoin has struggled to regain its footing. A notable veteran trader recently initiated a substantial short position on the Hyperliquid platform, amounting to $234 million, further fueling market uncertainty. This move comes amidst ongoing trade tensions between the U.S. and China, which have significantly impacted investor sentiment. Following President Trump’s announcement of increased tariffs on Chinese goods, Bitcoin experienced a sharp decline from over $122,000 to around $102,000. China’s subsequent action to curtail rare earth exports added further strain on the market, contributing to widespread investor apprehension. Notably, this trader profited significantly during the recent price slump before initiating their new short position. 155% tariffs implemented later by Trump raised alarm bells about potential instability and triggered a new short position of $234 million. This bold move has left many experts questioning the stability of Bitcoin’s future price movements. Despite a brief rally past $114,000, Bitcoin ultimately dipped to $108,500, revealing continued volatility driven by both geopolitical factors and market dynamics. Further uncertainty is fueled by concerns about liquidity risks stemming from this latest move by the whale trader. While Bitcoin’s value briefly rose above $114,000, investor gains were short-lived. Experts predict that sustained volatility may become the norm in the near future.