That big leeks James has been consistently going long on BTC, increasing positions when it rises and reducing them when it falls, effectively teaching a lesson in chasing highs and selling lows with several hundred million dollars of positions and millions of dollars in profits and losses.

However, at a price of 110,000 for BTC, it's hard to take action. No one would think that a 50,000 big pie is expensive, or that an 80,000 big pie is expensive, or that a 100,000 big pie is expensive, but a 110,000 big pie seems to have a good cost-performance ratio, right? 👀

The weekly chart shows signs of a false breakout.