Whale investor James Wynn increases his Bitcoin holdings using high leverage.
According to Odaily, on-chain analyst Yu Jin mentions that whale investor James Wynn continues to increase his long positions in Bitcoin. Wynn used 40x leverage, utilizing $14.28 million as margin to acquire 5,520 Bitcoin. The position is estimated to be worth $570 million, with an entry price of $103,302 and a liquidation price of $98,294.