- Protection Fund
  1,000 BTC Protection Fund to safeguard your assets
- Career
  Join WEEX and build the future
- WXT Zone
  Exclusive fee rates and airdrops
- Announcement Center
  Get the latest updates from WEEX
- Elite Trader
  Share strategies and earn rewards
- Crypto Wiki
  Master trading with easy-to-follow guides
- Affiliate
  Unlock exclusive perks and high commissions
- Crypto News
  Keep up with the latest crypto trends
- Contact Verifier
  Verify the channels you use
- VIP Perks
  Become a WEEX VIP today
- Events Calendar
  Explore WEEX events around the world
Buy Crypto
- header.nav.buy
  header.nav.buy_desc
- P2P Trading
  Buy crypto with 0 fees
Markets
Futures
- USDT-M Futures
  Perpetual futures settled in USDT
- Demo Trading
  USDT-M futures demo
- About Futures
  Trade with confidence
- Leaderboard
  Current & past leaderboards
Spot
Copy Trade
WE-Launch

Scan to download
More options

Trump's Son: Stop Shorting BTC and ETH, or You'll Get Rekt

By: theblockbeats.news|2025/08/09 01:42:00

BlockBeats News, August 9th, Eric Trump, the son of former US President Donald Trump, tweeted that he was thrilled to see Ethereum bears getting crushed today. He advised against shorting Bitcoin and Ethereum any further, warning that you will be ruthlessly squeezed by the market.

A whale that opened a 25x leverage ETH short position has partially closed its position, confirming a $15.81 million loss. The position had previously seen a peak unrealized gain of over $20 million.

BlackRock: Currently, there are no plans to launch XRP or SOL ETFs