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- Trump Insider Whale leads $492M BTC short.
- XRP, DOGE, PEPE see profit-taking amid whale activity.
- Fed Chair Powell’s speech could trigger market volatility.
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Crypto whales are preparing for potential turbulence in the market, opening massive short positions on Bitcoin, Ethereum, and popular altcoins like XRP, Dogecoin (DOGE), and Pepe Coin (PEPE). On-chain data shows major players positioning themselves for a possible downturn as traders watch closely ahead of a key Federal Reserve speech.
Whales Leading the Charge
The so-called “Trump Insider Whale” has emerged as the most aggressive player in recent days. Known for profiting $200 million from previous BTC and ETH shorts before the last major market crash, this whale has now increased its Bitcoin short to $492 million, holding a floating profit of $9 million. Other top whales, including 0x9eec9 and 0x9263, have collectively opened over $180 million in new shorts across Dogecoin, Solana (SOL), Ethereum, and altcoins like Pepe Coin and XRP.
Besides the #BitcoinOG who made over $160M shorting $BTC and $ETH during the crash, two other whales with significant profits on #Hyperliquid are also heavily shorting the market.
— Lookonchain (@lookonchain) October 14, 2025
Whale 0x9eec9 — with $31.8M in profit — currently holds $98M in shorts across $DOGE, $ETH, $PEPE,… pic.twitter.com/qZfJIbO6ba
Market Impact on Altcoins
XRP has fallen nearly 2% to $2.53 amid profit-taking by whales, with trading volume down 17% in the last 24 hours. DOGE also dipped more than 1% to $0.206, approaching its 200-day moving average—a key technical level that could influence further selling. Pepe Coin, while slightly correcting, remains up over 1% at $0.0576, highlighting selective positioning by whales across different tokens.
Also Read: Altseason 3.0 Incoming? Analysts Say Crypto’s Latest Crash Could Spark 100x Altcoin Rallies
Jerome Powell’s Speech in Focus
Investors are also closely watching Fed Chair Jerome Powell’s speech, which could significantly impact market sentiment. Hints of a rate cut may spark a rebound, while concerns over rising inflation, weak labor data, and ongoing government shutdown worries could intensify selling pressure. Traders are bracing for volatility, with large whales likely influencing price swings through strategic shorting.
As crypto whales increase their short positions, traders should remain alert to potential market corrections. Bitcoin, Ethereum, and major altcoins are under pressure, while key economic announcements, including Powell’s speech, could drive sudden swings. Strategic profit booking and careful risk management remain crucial for navigating this turbulent phase.
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Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m your translator between the financial Old World and the new frontier of crypto. After a career demystifying economics and markets, I enjoy elucidating crypto – from investment risks to earth-shaking potential. Let’s explore!
