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Trader Behind $190M Crypto Short Bets on CZ Pardon in 2025

Trader Behind $190M Crypto Short Bets on CZ Pardon in 2025

CoinomediaCoinomedia2025/10/24 10:33
By:Ava NakamuraAva Nakamura

A trader who made $190M shorting crypto now bets CZ will be pardoned in 2025. What's the strategy behind this bold prediction?A High-Stakes Bet on a Controversial FigureInsider Knowledge or Just Smart Speculation?

  • Trader earned $190M shorting crypto before Trump’s tariff news.
  • Now bets $56K on Binance’s CZ being pardoned in 2025.
  • Speculation grows over insider info and political ties.

The crypto world is buzzing again—this time not over prices, but politics. The same trader who famously earned $190 million by shorting the crypto market right before Donald Trump’s tariff announcement has resurfaced with a bold bet on Polymarket. This time, they’ve wagered $56,000 that Changpeng “CZ” Zhao, the former CEO of Binance, will be pardoned in 2025.

It’s a move that’s left the crypto community scratching their heads and asking: What does this trader know that the rest of us don’t?

A High-Stakes Bet on a Controversial Figure

CZ is currently awaiting sentencing after pleading guilty to violations related to anti-money laundering laws. His legal troubles have cast a shadow over Binance, one of the largest cryptocurrency exchanges globally.

Now, someone is betting big that the next U.S. President will issue him a pardon. That alone is intriguing. But what makes this more fascinating is the timing and identity of the bettor—the same person who accurately predicted a market crash linked to geopolitical policy.

Polymarket, a blockchain-based prediction platform, allows users to bet on real-world events. A $56K bet is no small gamble, and it’s enough to spark speculation that the trader has some political or legal insight that others don’t.

Insider Knowledge or Just Smart Speculation?

This isn’t just about crypto anymore—it’s about political outcomes, legal systems, and market psychology. Could this be a well-calculated prediction based on upcoming political changes in 2025? Or is this another example of someone with access to insider information pulling levers in silence?

Whatever the case, the trader has gained a reputation for making moves that turn heads—and profits. And if they’re right about CZ too, they might just go down as one of the most enigmatic figures in crypto speculation.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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