Crypto’s boldest whale, James Wynn, is making waves again — and this time, it’s big. He just dropped a $200 million leveraged long on ETH/USDT $ETH at $3,420, marking his biggest position since the 2024 bull run.
Why is the market going wild?
Here are the top 3 shockwaves shaking things up:
1️⃣ 25x leverage — A clean break above $3,500 could trigger over $1 billion in liquidations
2️⃣ Wynn’s last 8 mega-trades? Averaged a massive 47% ROI
3️⃣ Funding just flipped positive after 3 straight bearish weeks
What’s happening right now:
ETH $ETH pumped +5% within an hour of his trade
Open interest jumped by $800M+
On Binance, sell walls are thin all the way to $3,600
The rumors are heating up:
Word is, Wynn might be moving in sync with institutions — possibly positioning ahead of upcoming ETH ETF$ETH news.
But heads up — this isn’t without risk:
Wynn took a $90M loss back in March. High reward? Sure. But high risk too.
#ETHETFsApproved | #CryptoNewsFlash | #BinanceSquare | #WhaleWatch
