On May 27, according to HypurrScan data, the whale James Wynn closed a leveraged BTC long position of 40 times, liquidating 2,407 BTC, reducing the position to 3,375 BTC, approximately 365 million USD, with an opening price of 110,084.9 USD and a liquidation price dropping to 105,960 USD.
This is a rhythm of being scared by the drop, it's time to reduce positions.
