$BTC Quick Update: James Wynn’s $98.6M BTC Long Position
James Wynn has just opened a 40x leveraged BTC long worth approximately $98.6 million, with an entry price of $105,890.
As of now, BTC has dropped to around $104,085, putting the position at an unrealized loss of nearly $1.5 million. However, the liquidation price has been adjusted down to $103,638, giving some breathing room against immediate liquidation.
Despite the high volatility and the position hovering near danger levels, James continues to hold — keeping the crypto community on edge as the trade unfolds.