$BTC 🔥A mysterious investor has opened a leveraged position in Bitcoin worth USD 300 million, which has fueled speculation about their identity.

According to data from the Hypurrscan blockchain, this unknown whale, or large holder of cryptocurrencies, opened a long leveraged position 20 times in Bitcoin

BTC

96,142 €

worth over USD 308 million at an entry price of USD 108,100.

The position currently shows an unrealized profit of over USD 4 million and is facing liquidation if Bitcoin falls below USD 105,780.

The trade has reignited speculation surrounding James Wynn, a prominent leveraged trader who recently lost nearly USD 25 million in a separate liquidation on June 5, as previously reported by Cointelegraph.