Trump's Son: Stop Shorting BTC and ETH, or You'll Get Rekt
By: theblockbeats.news|2025/08/09 01:42:00
BlockBeats News, August 9th, Eric Trump, the son of former US President Donald Trump, tweeted that he was thrilled to see Ethereum bears getting crushed today. He advised against shorting Bitcoin and Ethereum any further, warning that you will be ruthlessly squeezed by the market.
A whale that opened a 25x leverage ETH short position has partially closed its position, confirming a $15.81 million loss. The position had previously seen a peak unrealized gain of over $20 million.
BlackRock: Currently, there are no plans to launch XRP or SOL ETFs
You may also like
Share
Gainers
Latest Crypto News
02:15
Analysis: The main reason for the recent cryptocurrency market crash was the Bank of Japan hinting at a rate hike and market concerns about a potential "Strategy" disaster.
02:15
Paradigm's associated wallet sent 6300 ETH to Coinbase
02:15
Coinbase Executive Sued by Shareholders for Alleged $4.2 Billion Insider Trading
02:15
An address holding 50 BTC has just been activated after being dormant for 15.7 years
01:45
Pacifica: Users who were liquidated between October 1st and December 1st will receive a 20% bonus on December transactions.
Read more
Community
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:[email protected]
VIP Services:[email protected]