Trader who made $190M shorting crash also apparently bet on CZ’s pardon
While some onchain sleuths called it “obvious insider knowledge,” others argued that Trump’s pardon of Changpeng Zhao was expected.
The crypto trader who supposedly made millions shorting the crypto market before US President Donald Trump’s tariff announcement appears to have profited again by betting that Trump would pardon the founder of Binance.
On-chain sleuth Euan pointed to Etherscan data to make the connection between the trader and the Polymarket account. The crypto wallet reportedly made $56,522 on Polymarket by betting that Trump would pardon Changpeng “CZ” Zhao sometime in 2025.
The crypto trader had already become suspected in crypto circles for having access to insider knowledge after their tightly timed Bitcoin and Ethereum shorts — just hours before Trump’s tariff announcement sent prices falling.
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