Trader James Wynn Raises His Long Position on Bitcoin 40 Times to $1.2 Billion

A Massive Bet on the Upside

Famous trader James Wynn has increased his long position on Bitcoin by 40x, reaching $1.2 billion, in a move that reflects immense confidence in the continued upward trend.

High Risks and Potential Gains

While this strategy could lead to significant profits, it also involves huge risks in the event of sudden market fluctuations.

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