#WhaleJamesWynnWatch James Wynn, a crypto whale, recently closed a massive $1.2 billion Bitcoin long position in just 47 minutes, resulting in a $13.4 million loss. Despite this setback, his recent trading activity still shows a net gain of $8.45 million across multiple Bitcoin positions. Here's a breakdown of his trading activity ¹:

- *Trading Strategy:* Wynn's strategy involves high-leverage trades, often between 5x to 40x, and focuses on volatile market sentiment. He combines leverage with fast execution and market timing to maximize returns.

- *Recent Trades:*

- *Bitcoin Long Position:* Wynn opened a 40x long position of 5,520 BTC at $103,302, later increasing it to 9,371.71 BTC, pushing the position above $1 billion.

- *Profit and Loss:* He closed 2,139 BTC, securing $11.92 million in realized profit, but later exited at $107,746, booking a $13.39 million loss.

- *Other Trades:* Wynn also closed his Ethereum and Sui longs, taking an additional $5.3 million in losses, resulting in a total drawdown of $60 million over seven days.

- *Current Status:* Despite the losses, Wynn's account still holds $25 million in profit from an original base of $3-4 million.

Wynn's trading style is known for being highly aggressive yet methodical, using leverage tools to maximize returns while maintaining tight risk control. He monitors social media and community forums closely to ride meme-driven waves early and profit from crowd-driven price surges ² ³.$BTC