Andrew Kang Goes Big: $200M Bitcoin Long Follows Trump’s Market Jolt

Andrew Kang, founder of Mechanism Capital, has doubled his leveraged long position on Bitcoin to $200 million amid heightened market volatility driven by political developments in the US.

According to blockchain analytics firm Arkham, a wallet tied to the Mechanism Capital founder placed an additional $100 million long bet on Bitcoin, bringing the total wager to $200 million.

Also read: Metaplanet Acquires 319 More Bitcoin as Holdings Climb to 4,525 BTC

The trade carries an expected profit or loss margin of approximately $6.8 million, depending on Bitcoin’s short-term price action.

Trump’s Post Moves Markets as Andrew Kang Reacts

This move comes just days after President Donald Trump posted to his Truth Social platform on April 9, writing, “THIS IS A GREAT TIME TO BUY!!! DJT.” 

Trump post (Source: Truth Social)

Hours later, the Trump administration paused a newly implemented global tariff hike, a decision that triggered volatility across both crypto and traditional markets.

Andrew Kang referred to this sequence of events as a signal of the so-called “Trump put” — the belief that Trump may intervene to support financial markets. 

Also read: Bitcoin vs. Gold: Schiff Says 2025 Meltdown Proves Crypto’s Weakness

On April 12, the Mechanism Capital founder wrote on X, “The Trump put and trade war capitulation are the perfect combination for BTC to reverse a multi-month downtrend.”

The sudden tariff reversal sparked accusations from Senate Democrats, who sent an April 11 letter to the Securities and Exchange Commission urging an investigation into possible insider trading and market manipulation by Trump and his affiliates. 

They claimed Trump’s social media post may have hinted at his plans to roll back the tariffs.

Bitcoin Price Swings Amid Confusion

Bitcoin has since experienced notable price swings, fluctuating over 2% within a single day. According to CoinGecko, the asset dropped as low as $83,197 before rebounding to around $85,000.

Bitcoin price chart (Source: CoinGecko)

Adding to the confusion, Trump clarified in an April 13 post that there was “no tariff exception” but that Chinese electronics were being moved to a different “tariff bucket” with a 20% duty.

Also read: Strategy Admits Bitcoin Sales May Be Necessary Despite Saylor’s “Never Sell” Mantra

Despite the uncertainty, some traders see this as a prime opportunity. Kang’s bold positioning sheds light on how political shifts are becoming increasingly intertwined with digital asset strategies.

As Bitcoin nears key resistance levels, moves by prominent investors like Andrew Kang could shape the market’s next direction. With institutional capital eyeing the space and regulatory scrutiny intensifying, the weeks ahead may prove critical for crypto markets.