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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.
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