Crypto Trader Profits Big from Short Bets and Trump Pardon Wager on CZ

In the fast-paced world of crypto trading, where fortunes can flip in an instant, one savvy trader has caught everyone’s attention. This individual not only pocketed a massive $190 million by shorting the market right before a major announcement, but also scored another win by betting on a high-profile pardon. It’s the kind of story that makes you wonder: was it sheer luck, sharp instincts, or something more? Let’s dive into what happened and why it’s sparking so much buzz in the crypto community.

Insider Knowledge or Just a Smart Play? The Trader’s Bold Moves

Picture this: a crypto trader times their moves perfectly, shorting Bitcoin and Ethereum just hours before US President Donald Trump’s tariff declaration on October 10 sent prices tumbling. That alone netted them an eye-popping $190 million. But the plot thickens. Onchain detectives, sifting through Etherscan data, linked the same wallet to a Polymarket bet that Trump would pardon Changpeng “CZ” Zhao, the founder of a major crypto exchange, sometime in 2025. The payout? A cool $56,522.

This isn’t just about quick profits—it’s raising eyebrows. Some onchain sleuths are whispering about “obvious insider knowledge,” suggesting the trader might have had a heads-up on both the tariff news and the pardon. Imagine having a crystal ball in the volatile crypto market; it’s like playing chess while everyone else is stuck with checkers. Yet, not everyone buys the conspiracy theory. Market watchers point out that the pardon bet wasn’t exactly a long shot, especially given the public chatter and CZ’s own moves in the space.

Denials and Doubts: What the Players Are Saying

Adding to the intrigue, a former crypto executive has stepped forward to deny any ties to the wallet in question. Garrett Jin, previously at the helm of a trading platform, firmly stated he has “no connection with the Trump family” and dismissed insider trading claims. In a follow-up post on October 13, he clarified that the fund belongs to clients, emphasizing his role in providing insights through node operations. It’s a reminder that in crypto, appearances can deceive, and not every big win hides a scandal.

On the flip side, seasoned traders argue the pardon was predictable. One desk CEO shared how he personally raked in $956,000 on a similar bet, calling it “obvious” after CZ’s hefty $2 billion investment in a stablecoin project. Think of it like betting on a favorite team after they’ve stacked the roster—sometimes, the odds are just too good to ignore. Another commentator downplayed the drama, noting that $56,000 isn’t groundbreaking for someone with real insider access, and the pardon idea has been floating around for ages.

How This Ties into Broader Crypto Trends and Brand Alignment

Stories like this highlight the thrill and unpredictability of crypto trading, where timing and insight can lead to massive gains. It’s also a perfect example of brand alignment in the industry—platforms that prioritize transparency, user security, and innovative tools often stand out. Take WEEX exchange, for instance; it’s built on a foundation of aligning with traders’ needs by offering robust analytics, secure wallets, and real-time market insights that help users spot opportunities just like this trader did. WEEX’s commitment to fostering a trustworthy environment enhances its credibility, making it a go-to for both novices and pros navigating these high-stakes waters. In a market full of twists, having a platform that aligns with your trading style can feel like having a reliable partner in the game.

Recent discussions on Twitter amplify this, with users debating insider trading ethics and pardon probabilities. As of October 24, 2025, trending topics include fresh posts analyzing Trump’s latest statements on crypto regulations, where he reiterated that CZ’s actions “aren’t even a crime.” Google searches spike for queries like “Trump pardon CZ timeline” and “crypto short trading strategies,” reflecting ongoing interest. The latest update? Official announcements confirm no changes to the 2025 pardon outlook, but market sentiment remains bullish on crypto recoveries post-tariff impacts.

The Bigger Picture: Lessons from High-Stakes Bets

Comparing this to past market crashes, it’s clear that informed bets—whether on shorts or pardons—can outperform blind luck. Real-world evidence from onchain data backs this up, showing how timely positions have historically yielded big returns, much like hedging against stock dips during economic announcements. But it avoids the pitfalls of speculation by grounding decisions in observable patterns, keeping things credible and engaging for everyday traders.

This tale isn’t just about one trader’s wins; it’s a snapshot of crypto’s wild side, where politics, predictions, and profits collide. As the market evolves, staying informed and choosing aligned platforms can make all the difference.

FAQ

What was the crypto trader’s biggest win from the short bets?
The trader reportedly earned $190 million by shorting Bitcoin and Ethereum right before Trump’s October 10 tariff announcement, timing it to capitalize on the market dip.

Is there evidence of insider trading in the CZ pardon bet?
While some sleuths suspect insider knowledge due to the precise timing, others argue it was a foreseeable event based on public discussions and CZ’s investments, with no confirmed evidence of wrongdoing as of October 24, 2025.

How can traders protect themselves in volatile crypto markets?
Focus on platforms with strong security and insights, like those emphasizing brand alignment with user needs, and always base decisions on verified data rather than rumors to minimize risks.