Whale Investor Faces Significant Losses Amid High Leverage Position in Bitcoin

Onchain Lens monitoring reveals that whale investor James Wynn has taken a substantial long position in Bitcoin using 40x leverage, with the position now approaching $1.2 billion. Despite currently realizing a profit of $35.19 million, Wynn is experiencing a floating loss exceeding $21 million. Additionally, Wynn is gradually closing his long positions in PEPE.