James has started to reduce his BTC positions. In just the last half hour, he has reduced his long position by 1220 BTC. However, Bitcoin hasn't dropped much; he still holds 8983 BTC worth $990 million. Now, with his unrealized gains plus the profits from his previous reductions, his earnings on BTC have already exceeded $40 million in the past two days. This is simply too crazy!!!! No wonder he is a legendary whale; I really admire this big-hearted operation.