⚠️ Liquidation and Major Loss Risk
Wynn faces a liquidation risk on a long Bitcoin position worth $491 million, which amounts to 4,604 BTC, due to the decline in Bitcoin prices. This position changed from a profit of $87 million to a loss of $9 million in a short period.
On May 30, 2025, Wynn experienced a liquidation of 949 BTC, equivalent to $99.3 million, when the price of Bitcoin fell below $105,000.
