Loss of 100 million dollars! Big shot Wynn's BTC long position still holding strong, with a liquidation line hanging over his head at 100,000 dollars!
Just saw the news on the daily report, fresh out at 09:31——James Wynn has had a really rough week, on-chain data is crystal clear, he's lost nearly 100 million dollars!
This number makes my liver tremble. But what shocks me the most or makes me drop my jaw is this? Even after such a loss, he still hasn't closed his long position of 1,687 bitcoins! He’s still holding on tight! This is no longer just stubbornness; it's practically titanium alloy stubbornness! Earlier reports mentioned he had reduced his position, and now the liquidation price is firmly set at 104,600 dollars.
Brothers, at this price, we’re not far from the liquidation line, every step feels like walking on a tightrope; if the market shivers a bit more, that 100 million dollars might just be the “starting price,” directly leading to a liquidation fireworks show!
The “bullish 6, bearish 2” under the news is quite interesting, indicating that not everyone in the market is scared; bulls and bears are still cursing at each other, and Wynn's stubborn hold is like a thermometer for market sentiment—on one side are those who are scared and want to run (bearish), on the other are those betting on a V-shaped recovery to get rich (bullish).
To be honest, Wynn's operation is really a near-crazy obsession with Bitcoin's future. 100 million dollars! Not even blinking while continuing to hold? This is either an almost insane obsession with Bitcoin's future or a true gamble at all costs!
In the crypto circle, I've seen my fair share of such believers, and the outcomes... well, those who understand know. I admire him as a man (or should I say truly stubborn), but that 104,600 dollar knife is hanging over his head, and as an onlooker, my palms are sweating. This is no longer investment; this is a real-life high-stakes gamble played out with real money and bloody lessons, betting on a cycle reversal, from a bicycle to a motorcycle.
Dear friends, think about it carefully, is he a “true Bitcoin believer” or “blindly stubborn and holding on”? Time will either slap him in the face or reward him wildly, but this relentless grip on the loss is definitely adding the hardest core footnote to this round of plummeting market. Let’s buckle up and see if this grand drama ends with “the light of faith” or “liquidation fireworks”! It all depends on whether Wynn's luck holds out!
I am Xiao Li, follow me, top-tier team support, only serving ambitious madmen
