$BTC
James Wynn bets $1.25 billion on Bitcoin with 40x leverage 🤯
The renowned trader opened a massive long position on the decentralized Hyperliquid platform using a crazy 40x leverage.
This means he currently holds 11,588 Bitcoins with a liquidation point at $105,180 🧨
What happened is that he exited huge positions in Ethereum and PEPE and suddenly shifted all focus to Bitcoin!
In a post on X, he stated that he expects the price to reach $110,500 today and possibly touch $118,000 - $121,000 next week 🚀
This bet is not simple at all, and the risk is very high, but James Wynn is not an ordinary person.
He has achieved profits reaching $46 million from trades with leverage between 5x and 40x previously 💸
The question everyone is asking... Will this crazy bet succeed?
