btc

🔸James Wynn closed his record-breaking $1.1 billion long on BTC 🤷‍♂️

Despite the low weekend liquidity, the sale of 10,500 BTC pushed the price down by only about $1,000 — and was executed in under an hour. A clear example of the massive liquidity currently present on futures markets like Hyperliquid.

The trader explained his decision by pointing to a “golden cross” forming on the chart — a bullish signal that, in his view, may be preceded by a correction. In other words, BTC might first shake out long traders down to the $98K–$100K zone before launching a new upward impulse.

On May 23, his unrealized profit peaked at $87M, but in the end, the position was closed at a ≈$12M loss. Still, his total result for the entire period (since March 19) stands at +$40.5M

🔸Even the biggest and most experienced traders sometimes close positions at a loss. So if you’ve taken a hit — don’t give up. Keep pushing forward, keep learning, and come back stronger! 💪📈