Andrew Kang Bitcoin Bet Doubles to $200M Following Trump Trade Policy Shift and Bullish Momentum
Andrew Kang Bitcoin bet has now reached a staggering $200 million, according to on-chain analysis shared by Arkham Intelligence on April 12, 2025. The Mechanism Capital founder appears to be doubling down on his bullish conviction, having opened a second $100 million leveraged long position on Bitcoin—just three days after his initial wager of the same size.
According to Arkham’s blockchain data, the wallet linked to Kang now has a leveraged Bitcoin position with an estimated $6.8 million in unrealised possible gains or losses. Many view this audacious action as a sign of great institutional confidence in the near-term outlook of the cryptocurrency.
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Kang’s choice follows increased macroeconomic activity and political talk, particularly after former U.S. President Donald Trump’s now-viral April 9 post on Truth Social that read: “THIS IS A GREAT TIME TO BUY!!! DJT.” Quickly following the tweet, which many saw as bullish on both equities and digital assets, came a 90-day postponement of freshly announced worldwide tariffs. The turnaround generated a small market rebound that might serve as an entry point for aggressive traders such as Kang.
Kang called the present environment “the perfect setup for Bitcoin” in a follow-up piece on April 12, pointing to the Trump administration’s change in trade policy and floated the idea of a “Trump put,” a term used to indicate Trump’s predisposition to favour market-friendly measures.
Not everyone, though, embraced this audacious hope. Senate Democrats fast urged the SEC to look into possible insider trading and market manipulation, implying Trump’s social media presence might have presaged the tariff reversal. Over a 24-hour period, Bitcoin is swinging between $83,000 and $85,000, creating ongoing volatility.
Trump raised more uncertainty on April 13 by stating no official tariff exemptions were given. Rather, he said, Chinese electronics would be transferred to a new 20% tax category. The market response was varied, but experts believe it emphasises the larger ambiguity and potential chance in the present economic situation.
Institutional investors, on the other hand, remain optimistic about Bitcoin. Recently, Bitwise CIO Matt Hougan confirmed his year-end Bitcoin price goal of $200,000. Talking about Trump’s economic policy, Hougan said that weakening the U.S. dollar would indirectly help distributed stores of value like as Bitcoin. Should the dollar’s supremacy be challenged, more institutions and governments will look to substitutes such as gold and Bitcoin.
The Andrew Kang Bitcoin wager currently ranks among the most audacious high-leverage actions in the cryptocurrency sector for 2023. The market is watching intently with trade policy, political speculation, and institutional forecasts all converging.
Kang’s $200 million stake might either be remembered as a masterstroke of timing or a cautionary story of overconfidence as the dust settles. Either way, it supports the story that Bitcoin is still a battleground asset in the midst of worldwide economic reorganisation.
