๐จ ALERT: James Wynn has just been liquidated on a massive 240 BTC position (~$25.16M).
๐งจ To soften the blow, he offloaded 621 BTC, trying to slow the bleeding.
๐ฅ Despite that, heโs still exposed โ holding 770.23 BTC (~$80.43M) with 40x leverage.
๐ His liquidation trigger? $104,040.
๐ Heโs currently sitting on an unrealized loss of $1.3M, and the market is just 0.78% away from wiping him out completely.
โ ๏ธ Lesson: Always respect leverage. Stick to solid risk management and consider spot trades when in doubt