I originally didn't want to update James's position... But unexpectedly this guy started again!

Last night, James opened another BTC long position worth over 100 million dollars, with a liquidation price at 105,000...

It's worth noting that among the 5 addresses on Hype holding over 100 million dollars in BTC, only James is going long...

The funniest thing is, another OG address I follow, which originally opened a long position of 200 million dollars, right after James increased his long position...

Chose to close the long and go short...

This not only made me start to think, if James's position before represented retail liquidity, then does his current opposite position represent whale liquidity?

However, after looking at these positions that are against James, the average liquidation price is around 130,000, with the highest at 160,000 and the lowest also above 110,000...

This is completely different from James's situation, which is less than 1,000 dollars away from liquidation...

There are indeed many bears, but the overall leverage ratio is not high, they seem to be patiently waiting for bulls to have internal conflicts...