'Leverage Whale' James Wynne liquidates Bitcoin and Pepe longs…"Accumulated losses of $17.72 million"

Source
Minseung Kang

Summary

  • Ultra-high leverage trader James Wynne recently announced that he liquidated both his 40x Bitcoin long and 10x Pepe long positions.
  • OnchainLens reported that this liquidation resulted in a $2.81 million loss.
  • It was revealed that Wynne's cumulative losses now total $17.72 million.
Photo = OnchainLens X capture
Photo = OnchainLens X capture

'Ultra-high leverage trader' James Wynne has once again recorded a massive loss by closing his high-multiplier long positions.

On the 31st (local time), OnchainLens announced via X (X, formerly Twitter) that "James Wynne closed both his 40x Bitcoin (BTC) long position and 10x Pepe (PEPE) long position, resulting in a $2.81 million loss from this liquidation."

According to OnchainLens, Wynne's cumulative losses now total $17.72 million.

Minseung Kang

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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