Crypto traders are well-known for making smart moves ahead of key macroeconomic announcements. Of late, we have seen some mysterious traders taking short positions ahead of President Donald Trump’s key announcements and unexpected social media posts.

Related: Mysterious trader moves millions ahead of Trump’s 3PM announcement

However, it’s different this time in that one bullish crypto trader took a long position ahead of the release of the September consumer price index (CPI) data scheduled for 8:30 AM EST on Oct. 24.

A key indicator of inflation, CPI measures the average change in prices consumers pay for goods and services.

A macroeconomic indicator, it also affects the crypto markets.

A hike in CPI translates into rising inflation and traders can take a flight to assets like Bitcoin that are considered hedge against inflation. A drop in CPI translates into cooling inflation and traders tend to stick to traditional instruments like stocks, bonds, etc.

As per the BLS, CPI rose 0.3% in September and 3% year-over-year (YoY). Excluding the volatile food and energy components, the CPI rose 0.2% in the last month and 3%.

Trump earlier posted on Truth Social,

“THE UNITED STATES IS WEALTHY, POWERFUL, AND NATIONALLY SECURE AGAIN, ALL BECAUSE OF TARIFFS! THE MOST IMPORTANT CASE EVER IS IN THE UNITED STATES SUPREME COURT. GOD BLESS AMERICA!!!” 

This is the first major economic data release after the U.S. government shutdown.

The on-chain analytics platform Lookonchain reported on X that a crypto whale with a 100% win rate took long positions on Ethereum (ETH) and Bitcoin (BTC).

As per latest HyperDash data, the trader has increased his long position to 33,270 ETH worth $132 million and opened a a four times leveraged long position on 680 BTC worth $75.8 million.

So far, the trader has made a total profit of $16.5 million.

The softer-than-expected inflation triggered a modest rally in the crypto market. The total market cap rose to $3.76 trillion at the time of writing, up 2.5% in the last 24 hours.

BTC was up 2.2% in a day and was trading at $111,521.60. ETH was trading at $3,973.03, up 3.11%.

Solana gained 2.77% in the last 24 hours to trade at $194.07. The sixth-largest cryptocurrency in terms of market cap, Solana is among the leading blockchains. The network’s builders and investors are expected to come together at the Solana Breakpoint in Abu Dhabi in a few weeks when they will explore key strategic and operational concerns at the annual developer and ecosystem conference.

Related: Whale bags $160M by shorting ahead of Trump’s China tariff

This story was originally reported by TheStreet on Oct 24, 2025, where it first appeared in the Federal Reserve & FOMC News section. Add TheStreet as a Preferred Source by clicking here.