James Wynn closed a short position worth $1 billion this morning, incurring a loss of $15.86 million
According to news from HashChain and on-chain analyst Yu Jin's monitoring, whale James Wynn closed a short position worth $1 billion this morning between 6:09 AM and 6:15 AM, incurring a loss of $15.86 million. This whale shorted 9,402 BTC at an average price of $107,069 with 40x leverage yesterday, with a position valued at $1 billion. At 6 AM this morning, BTC began to rebound, and he decided to stop loss and close the position at 6:09 AM, completing the position worth $1 billion in just 6 minutes. The average opening short was at $107,069, and the average closing short was at $108,757, resulting in a loss of $15.86 million.