James Wynn takes a long position in Ethereum… 25x leverage

Source
Suehyeon Lee

Summary

  • Major investor James Wynn reportedly entered a 25x leveraged long position in Ethereum.
  • The scale of the position is $14.6 million, and the specific entry price was said to be $3,569.47.
  • Currently, Wynn's profit and loss is in a positive state of around $102,660.

Virtual asset (cryptocurrency) whale (large investor) James Wynn has entered a large long position in Ethereum (ETH).

According to HyperInsight, a virtual asset monitoring platform, on the 19th (local time), Wynn closed his previous short position about an hour ago and opened a 25x leveraged long position in Ethereum. The value of this position amounts to $14.6 million (around ₩20.3 billion).

The specific entry price for the position was recorded as $3,569.47. Currently, Wynn's profit and loss is showing an approximate plus of $102,660.

publisher img

Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
What did you think of the article you just read?