Haha, the big reversal has opened another order, this short position is stable.
Binance News
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James Wynn opens BTC long position with 40x leverage, currently yielding a floating profit of $57,000
According to BlockBeats on-chain detective reports, on December 2, HyperInsight monitoring showed that in the past 12 hours, James Wynn's address (0x8da) opened a BTC long position with 40x leverage at an average price of $85,400, with a position size of about $2.95 million, currently yielding a floating profit of $57,000 (77%). Over the past week, multiple attempts to open long positions in BTC and ETH have recorded losses.
On November 25, James Wynn published a bearish prediction on platform X, stating that Bitcoin might drop to $67,000 that week. Additionally, monitoring shows that the funds in another public address (0x507) he previously used have been withdrawn to zero. This address had opened two BTC short positions after James Wynn alerted the community about the BTC dropping to $92,000 on November 10, resulting in a liquidation loss of about $100,000.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
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