Brother James Wynn has already taken profits by reducing his holdings by 2566 BTC, valued at $260 million. This profit-taking has realized a gain of $3.18 million.

Brother James Wynn's 40x long position on BTC has already made an unrealized profit of $12.46 million. For his position of $563 million, a 1% change in BTC means a profit or loss of $5.63 million.

However, 40 minutes ago, he took profit on 189 BTC ($20M) at a price of $105,745. It will be interesting to see if he continues to take profits and close positions. After all, his position could have a significant impact on the market price.

He still holds a long position of 5,331 BTC, valued at $563 million. The opening cost price was $103,302, and the liquidation price is $97,897.