$BTC

James Wynn is betting $1.25 billion on Bitcoin with 40x leverage 🤯

The well-known trader opened a long position on the decentralized Hyperliquid platform with an extremely large amount using a crazy 40x leverage.

This means he currently holds 11,588 Bitcoins and the liquidation point is 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 said he expects the price to reach $110,500 today and might 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 made profits reaching $46 million from trades with leverage between 5x and 40x previously 💸

The question everyone is asking... Will this crazy bet succeed?