This is unusual:
24 hours ago, someone took $200,000,000 worth of Ethereum and Bitcoin longs on 50x leverage.
This meant even a 2% drop in Bitcoin would liquidate $200M.
Today, President Trump announced the US Crypto Reserve including BTC and ETH.
Did someone know?
It's official:
President Trump has officially announced the US Strategic Crypto Reserve and Bitcoin is back above $94,000.
In just 3 hours, crypto markets have now added over $300 BILLION of market cap on the news.
What's coming next? Let us explain.
(a thread)