A large crypto wallet (suspected to be the wallet of US President Trump's son) (Crypto Wallet) has shorted the entire market

This means that this person has predicted that the market is going to fall, so they want to profit from the prices going down

💰 Total position value is approximately 500 million dollars (half a billion dollars)

They are shorting the following cryptocurrencies

$ETH (Ethereum)

$BTC (Bitcoin)

$HYPE

$PUMP

$XPL

$SOL (Solana)

$ASTER

$SUI

$INJ (Injective)

$DOGE (Dogecoin)

This means it is possible that they are predicting a major market downturn (Crypto Market Crash)

🧠 Meaning: If this prediction turns out to be correct, a rapid decline in the crypto market can be observed in the coming days