Whale Doubles Down on Bitcoin & Ethereum After Fed Rate Cut

A record-breaking $275 million crypto wager by a trader known for consistent wins has sent a clear signal of confidence in the market following the Federal Reserve’s recent interest rate cut. The move comes after a string of positive headlines, including the U.S.-China trade agreement and optimistic comments from Fed Chair Jerome Powell, but also amid growing market caution. 100% exposure on Bitcoin, Ethereum, and Solana with leveraged positions have been placed following the 25 basis point rate cut, showing an aggressive strategy despite potential volatility. The trader’s success, marked by a consistent winning streak since October 11th, is reflected in their large realized profit of $13.31 million despite facing a floating loss of around $1.67 million.