Bitcoin News: Whale James Wynn Returns with 19.5M Leveraged Long Position
Bitcoin#BitEagleNews #Bitcoin❗ News: Whale James Wynn Returns with 19.5M Leveraged Long Position
By Aftab bashir
#BTC Bllionaire trader James Wynn has re-entered the Bitcoin market with a substantial 40x leveraged long position valued at over 19.5 million, initiated at an entry price of 117,000.
This position is at risk of liquidation if Bitcoin falls below 115,750, and Wynn has already incurred 1.4 million in funding fees. In a notable display of confidence, he has also placed a 10x leveraged long position in PEPE, worth 102,000, indicating optimism in both Bitcoin and the memecoin’s momentum.
In June, Wynn experienced a significant setback, losing nearly 25 million due to the liquidation of two 100 million leveraged positions as Bitcoin dipped below 105,000. He has since claimed that market makers tend to target his liquidation levels but asserts that they are “out of gun powder” now.
In contrast, another whale, Qwatio, has taken a bearish stance by opening a 2.3 million 40x short position, betting on a decline in Bitcoin's value.
Meanwhile, PEPE has shown a decline of over 3% in the last 24 hours but appears to be recovering from recent liquidation events.
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As of today, Bitcoin is trading at $108,220 with a market capitalization of $2.15 trillion. The cryptocurrency has recorded a 24-hour trading volume of $10.41 billion, reflecting robust activity in the market. Throughout the day, Bitcoin has demonstrated a relatively narrow intraday price range of $107,138 to $108,320, indicating a consolidation phase amidst ongoing bullish sentiments.
On the daily chart, Bitcoin’s price action reveals a strong V-reversal after experiencing a correction from a recent high of $110,789 to a low of $98,240. The recent rebound is characterized by increasing volume and the presence of smaller-bodied green candlesticks, suggesting a deceleration in momentum bodes well for future price movements. Currently, Bitcoin is consolidating just below the critical $108,000 mark.
A breakout above the $110,000 resistance level, especially with a significant increase in trading volume, could provide a strong signal for the continuation of the long-term uptrend. Traders and investors are advised to pay close attention to key support zones positioned at $103,000 and $98,000, where previous buying activity has occurred, as these levels could offer crucial insights into potential price reversals or continuations.
As the market continues to evolve, it is essential for market participants to remain vigilant, monitoring both upward trends and key support levels to navigate the ever-changing landscape of cryptocurrency trading effectively.
BTCbtc#StrategyBTCPurchase Bitcoin traded at $108,220 today, with a market capitalization of $2.15 trillion and a 24-hour trading volume of $10.41 billion. Throughout the day, the cryptocurrency moved within an intraday price range of $107,138 to $108,320, indicating a narrow but significant consolidation zone in a broader bullish context.
Bitcoin On the daily chart, bitcoin’s price action shows a strong V-reversal following a correction from a recent high of $110,789 to a low of $98,240. The rebound is marked by increasing volume and smaller-bodied green candlesticks, suggesting a slowing but still positive momentum. The price currently consolidates just below the $108,000 mark. A confirmed breakout above the $110,000 resistance with high volume could signal a continuation of the long-term uptrend. Key support zones remain at $103,000 and $98,000, where prior buying activity was concentrated.
Solana (sol): Poised for a Significant Rally Ahead of Staking ETF Approval
Solana ($SOL ) has been on a remarkable uptrend for nearly two years, capturing the interest of both retail and institutional investors. The blockchain platform, known for its high throughput and low transaction fees, experienced a significant milestone in 2025 by hitting a new all-time high (ATH). As the cryptocurrency landscape evolv appears to be gearing up for another rally, driven by fundamental catalysts and growing bullish sentiment.
One major factor fueling this optimism is the anticipated approval of a Solana staking ETF in July. This development is widely regarded as a game-changer, as it is expected to unlock substantial institutional capital for Solana. Institutional investors have shown an increasing interest in cryptocurrency, and a staking ETF would provide them a regulated and more accessible way to invest in $SOL . With staking rewards offering a lucrative return for holders, the approval could catalyze substantial inflows as institutions look to capitalize on this investment opportunity.
While some analysts speculate about the potential fo sol to reach new all-time highs, a more conservative approach might anticipate a reasonable pump of approximately 20%-25% from the current levels. This projection aligns with the historical performance and overall market sentiment surrounding Solana, which continues to demonstrate resilience and growth potential. As we move closer to July and the ETF approval date, investors are closely watching market trends and technical indicators to gauge how Solana will respond. If the approval comes through as expected, the enthusiasm around $SOL could encourage both new and existing investors to enter the market, spurring buying momentum.
As always, potential investors should conduct their own research and consider the inherent volatility in cryptocurrency markets. However, for those betting on Solana’s future, the upcoming months could be pivotal in shaping the trajectory of $SOL