"James Wynn Enters 40x Leveraged Bitcoin Short Position… Liquidation Price at $119,490"
Minseung Kang
Summary
- James Wynn reportedly entered a 40x leveraged Bitcoin (BTC) short position.
- The size of the position is about $32,458,820, with an entry price of $118,078.3 and a liquidation price of $119,490.
- It is reported that the position is currently recording an unrealized loss of approximately $105,000.
It is reported that the Hyperliquid whale James Wynn has opened a 40x leveraged short position in Bitcoin (BTC).
On the 19th, the cryptocurrency-focused media outlet BlockBeats stated, "According to on-chain data, investor James Wynn opened a 40x leveraged short position in Bitcoin (BTC) futures contracts."
According to the report, the size of James Wynn's position is about $32,458,820 (approximately ₩4.52 billion), with an entry price of $118,078.3 and a liquidation price of $119,490. Currently, this position is recording an unrealized loss of around $105,000 (about ₩146 million).
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
