Brother James Wynn has started to reduce his positions: he has cut 1,080 BTC long positions in the past 20 minutes, worth $120 million.

Long-position trader James Wynn has an unrealized profit of $18.68 million, while the insider short trader continues to incur losses, now down $5.56 million.

James Wynn has now increased his BTC long position to 10,200 coins, valued at $1.12 billion. Unrealized profit of $18.16 million.
Opening price $108,065, liquidation price $103,757.
Address👉: 0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6

The insider trader has continuously transferred margin into Hyperliquid to keep shorting after each liquidation of his position, and he has currently lost $5.56 million.
After multiple liquidations, his current short position is:
40x short 449 BTC, valued at $49.38 million, opening price $107,823, liquidation price $111,639.
Address👉: 0x51d99a4022a55cad07a3c958f0600d8bb0b39921