Urgent | Whales are moving boldly... and Bitcoin is in danger!
Whale investor James Wynn increases his massive Bitcoin holdings using 40x leverage!
According to a report from Odaily and an analysis from "Yu Jin", Wynn entered a massive long position of:
Margin: $14.28 million
Number of BTC: 5,520 Bitcoin
Position value: $570 million
Entry price: $103,302
Liquidation price: $98,294
What does that mean?
Any drop below the 98K level could trigger a massive liquidation wave...
But such a large confidence also indicates strong upward potential!
Will the market follow the whales' lead? Or is an explosion coming?
Follow Tradexel_FX analyses closely!
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