The entire Cryptocurrency market was back in action after Donald Trump’s latest post that announced Crypto Strategic Reserve. The world’s largest Cryptocurrency Bitcoin (BTC) jumped back over $ 90,000 and the rest of the market followed. In the midst of this rapid recovery, a trader was seen with headlines after receiving $ 6.8 million from exploited Longs at BTC and Ether (ETH). While some linked this to turn, some others suggested on insider trading.
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How did the Cryptocurrency get $ 6.8 million?
With the 50X -Hävstång effect, Cryptocurrency was created worth $ 200 million with just $ 4 million. 16 minutes after Trump’s statement, the Ether’s Ether Positions began from Ethereum wallet address “0xe4d … 02C62” to close.
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An insider job?
Although Trump’s strategic reserve has only named XRP, Cardano (ADA) and Solana (SoL), the timing of these initiatives had several in society that pointed to insider trading. Some others pointed out that if the trade was an insider, they would have longed for the above assets as opposed to BTC and ETH. Speaking of the same thing, a Cryptocurrency scientist who goes by Fatman mentionedThe
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