James Wynn closes 40x leveraged BTC long position with a single loss of $37.42 million, switches to 10x leverage to long PEPE
According to Onchain Lens monitoring, the whale James Wynn has closed his 40x leveraged Bitcoin long position, incurring a loss of $37.42 million in a single trade.
Additionally, he has opened a 10x leveraged long position on PEPE again.
James Wynn went from a profit of over $87 million to a loss of $14.76 million within a week.
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.
You may also like
Nasdaq executive: Tokenized stock plan is being actively advanced, with SEC approval listed as the top priority
dYdX community passes new proposal for "Liquidation Rebate Pilot Program"
The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.32 million BTC.
