Whale Trader James Wynn Bets Big Against Bitcoin with $488M Short Position!
According to data from HypurrScan, reported by BlockBeats, prominent crypto whale James Wynn has ramped up his short position on Bitcoin to a staggering $488 million, representing 4,568.72 BTC.
The trade was initiated at a price of $107,103.40, with a liquidation level set at $115,480. Despite Bitcoin’s volatility, the position is currently sitting on an unrealized profit of $1.26 million, signaling confidence in a near-term price drop.
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