James Wynn predicted yesterday on Twitter that the BTC price would reach $118,000 to $121,000 next week. This morning, he liquidated his $1.2 billion BTC long position entirely, incurring a loss of approximately $13.39 million.

Starting to close positions at 6:40 and finishing all by 7:27, it took only 47 minutes to close a position worth $1.2 billion.

If we only consider the profit and loss of this particular position, he lost $13.39 million: opened at $108,921, closed at an average price of $107,746.

However, if we consider the comprehensive profit from his several days of large BTC positions with multiple openings and closings, he still made a profit of about $8.45 million.