"James Wynn Enters 40x Leveraged Bitcoin Short Position… Liquidation Price at $119,490"

Source
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).

publisher img

Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
What did you think of the article you just read?