Crypto trader James Wynn has set the crypto world buzzing after publicly revealing his aggressive short position on Bitcoināwith a jaw-dropping 40x leverage. š§Ø
Shared via a screenshot on social media, Wynnās position totals 13.91 BTC, currently valued at $1.49 million. Despite the intense risk, his position is already showing a floating profit of $1,124, signaling early successābut also a rollercoaster ahead.
This high-stakes play arrives as Bitcoin fluctuates between bullish ETF narratives and mounting macro uncertainty. With volatility back in full swing, Wynnās move is either fearless or recklessādepending on who you ask.
šØ Key Details:
Position: Short on $BTC
Size: 13.91 $BTC (~$1.49M)
Leverage: 40x
Current PnL: +$1,124 (floating)
Wynnās bold strategy has sparked intense debate: Is this a masterclass in timing the topāor a gamble against Bitcoinās long-term strength?
One thing is certain: traders are watching closely. As liquidation risk looms large with such leverage, every tick in price could spell fortuneāor disaster.
š Stay tuned. This trade could become one of the most talked-about positions of the year.#bitcoin $BTC
#LeverageTrading #CryptoNews #btcshort #JamesWynn