James Wynn Reduces BTC Long Position to Approximately $200 Million, Incurring a Loss of $55.3 Million in the Past Week
According to monitoring by on-chain analyst Onchain Lens (@OnchainLens), trader James Wynn has partially reduced his Bitcoin long position, with the current position valued at $200 million and an unrealized loss of approximately $800,000. From May 5 to 23, his total profit once surged from $5.7 million to $87 million, but has now fallen back to $1.91 million, with a loss of $55.3 million in the past week.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Two wallets related to the LIBRA scandal exchanged 60 million USDC for SOL after a period of inactivity
Mastercard selects Polygon to provide username verification for self-custody wallets
Trending news
MoreCrypto prices
More
