$100M Added as Trump Trade Signals Spark Market Reversal
Andrew Kang, founder of crypto venture firm Mechanism Capital, has doubled his high-conviction bet on Bitcoin (BTC) by placing an additional $100 million leveraged long, bringing his total exposure to $200 million, according to Arkham Intelligence.
“Andrew Kang just doubled his Bitcoin position,” Arkham stated in an April 12 post on X.
“The new trade carries an estimated PnL of ±$6.8 million.”
ANDREW KANG’S BIG LONG
Andrew Kang just doubled his Bitcoin position.
He is now long $200M of $BTC with a PnL of $6.8 MILLION pic.twitter.com/uydZtiXpYq
— Arkham (@arkham) April 12, 2025
The second position was opened just three days after his initial $100 million long on April 9, which followed a Truth Social post by President Donald Trump declaring:
“THIS IS A GREAT TIME TO BUY!!! DJT”
That same day, the Trump administration announced a 90-day suspension of its recently imposed global tariffs, reversing a move that had rattled equity and crypto markets earlier in the week. The combination of a policy shift and bullish rhetoric sent markets bouncing back—prompting Kang to double down.
Kang: “Trump Put” and Trade Capitulation Are Bullish for BTC
In his own April 12 post, Kang wrote that a “Trump put”—the belief that the president will act to prop up financial markets—combined with trade war de-escalation is an ideal setup for Bitcoin to reverse its multi-month downtrend.
“This is the perfect combination for BTC to rally,” Kang posted.
Trump Put potentially in pic.twitter.com/hYkgbYTECr
— Andrew Kang (@Rewkang) April 9, 2025
His call mirrors a growing narrative among macro traders that Bitcoin is increasingly sensitive to geopolitical policy shifts—and that Trump’s erratic but pro-market behavior may offer a form of unconventional price support.
Political Fallout Brews Over Trump’s Market Timing
The trade has also attracted attention from Washington. On April 11, Senate Democrats sent a letter to the U.S. Securities and Exchange Commission (SEC), requesting an insider trading and market manipulation investigation into Trump’s social media activity.
They alleged that Trump’s April 9 post may have previewed his tariff rollback, which came just hours later, and thus influenced markets without appropriate disclosure.
The SEC has not yet responded publicly to the request, but the episode further highlights the blurred line between politics, policy, and market outcomes in the current environment.
Bitcoin Choppy as Tariff Messaging Fluctuates
Despite Kang’s aggressive bet, Bitcoin’s price remains volatile amid ongoing confusion about the Trump administration’s trade stance. BTC saw a 2% swing in the last 24 hours, dropping to $83,197 before rebounding to around $85,000, according to CoinGecko.
On April 13, Trump again took to Truth Social to clarify that there was no formal “tariff exception” for Chinese electronics, but that such items were being moved to a 20% tariff bucket—a statement that introduced yet another layer of uncertainty.
“There was no tariff ‘exception’ announced,” Trump wrote.
“Electronics are moving to a different Tariff ‘bucket’.”
This shifting narrative has made it difficult for traders to anchor macro expectations, but some—like Kang—believe that policy instability itself may create opportunities for Bitcoin to emerge as a non-sovereign safe haven.
Final Thoughts: High-Stakes Bitcoin Bets Reflect Political-Market Interplay
Andrew Kang’s doubled-up Bitcoin position signals renewed institutional conviction in BTC’s ability to weather—and even benefit from—politically induced macro shocks.
While the trade carries substantial risk, it underscores a key trend: Bitcoin is no longer just a tech bet—it’s a geopolitical asset reacting to fiscal policy, trade disputes, and even presidential tweets.
Whether Kang’s call proves prescient or premature, his move highlights how crypto markets are increasingly being shaped by global headlines, not just code and consensus.
