The whale gambler Wynn was defeated — he was shaved for 949 #BTC ($100 million) 🤣
But a smarter whale, who shorted when James Wynn opened a long, and went long when James Wynn opened a short — his profit is $17,000,000 😁
After the liquidation of the long position for $100 million, James Wynn stated that he visually demonstrated the level of corruption in financial markets (as if we didn't know).
In his opinion, the most reasonable thing to do is simply to buy #Bitcoin on the spot market and store it in a cold wallet.
The moral of this tale is that every trader gambler will come to the conclusion that nothing is better than SPOT, as at least you will preserve your money and be able to earn in the long run.