James Wynn has closed his Bitcoin short position, securing a $21,000 profit, and has now opened a 40x long position on Hyperliquid valued at $1.24 million. This move, made on December 21, 2025, comes with a liquidation price set at $87,111. Wynn anticipates Bitcoin's price to rise to between $92,000 and $97,000. This strategic shift follows Wynn's earlier bearish predictions in late November, which did not materialize as Bitcoin's market dominance remained above critical support levels. His new bullish outlook indicates a renewed confidence in Bitcoin's price trajectory and reflects a positive sentiment in the broader cryptocurrency market.