$BTC
Crazy!
A big player in the crypto world is betting 570 million on Bitcoin!
On-chain analysts have recently discovered that crypto whale James Wynn is pulling off a crazy gamble! He is using 40x leverage, putting up a margin of 14.28 million dollars, and directly betting 5,520 bitcoins, with the total position value skyrocketing to 570 million dollars! Currently, his opening price is 103,302 dollars, and if Bitcoin drops to 98,294 dollars, this massive position will instantly liquidate to zero!
With such high leverage and high risk operations, is this overflowing confidence or a desperate gamble? Let's keep an eye on the upcoming trends of Bitcoin!
