#WhaleJamesWynnWatch
↘️Losses in Bitcoin and change of strategy 🔀
😱😱Recently, Wynn closed a long position in Bitcoin of 1.25 billion dollars with a leverage of 40x, resulting in a loss of approximately 17.5 million dollars. Subsequently, he opened a short position of 1 billion dollars, also with a leverage of 40x, which he closed with an additional loss of 13.4 million dollars. These trades resulted in total losses of nearly 24 million dollars in a short period.
🐸Bet on PEPE and withdrawal from perpetual trading
After these losses, Wynn shifted his focus towards the memecoin PEPE, opening a long position of 1 million dollars with a leverage of 10x. This trade generated him a profit of 500,000 dollars in just a few hours. After securing a total profit of 25 million dollars from an initial investment of over 3 million, Wynn announced his withdrawal from perpetual trading, stating on the platform X: "Now I decided to walk away from the casino with my profit of 25,000,000 dollars."