From yesterday until now, the BTC market has been turbulent, and James Wynn has been precisely targeted by a flash crash, suffering a loss of up to 12 million dollars in 24 hours—this time it's not just profit withdrawal, but real capital.
Due to a sharp decline in margin, he has been forced to cut his long position from 760 million dollars yesterday to only 279 million dollars left (2,636 BTC).
Now, there are only 5.9 million dollars left in his margin account, and there is almost no chance of flipping back to a billion-level position. Currently, the leverage is as high as 40 times, with a liquidation price of 105,067 dollars, just one step away from liquidation…..
America…