'Leverage Whale' James Win: "Bitcoin Long Profits Secured... Watching for Short Entry Opportunities"
Minseung Kang
Summary
- James Win, a derivatives trader at Hyperliquid, stated that he has liquidated his Bitcoin long positions and secured some modest profits.
- Win said he plans to stay in stablecoins and look for opportunities to enter short positions.
- Currently, the BTC price is trading at $103,521, down 2.05%.
James Win, a derivatives trader at Hyperliquid known as a 'leverage whale', has closed his long positions and stated he will look for opportunities to enter short positions.
On the 21st, Win posted on his X (formerly Twitter), saying, "I have liquidated my Bitcoin (BTC) long positions and secured some modest profits," adding, "I plan to stay in stablecoins for the time being and watch for opportunities to re-enter short positions."
As of 23:01 on this day, BTC was trading at $103,521 on the Binance USDT market, down 2.05% from the previous day.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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