James Wynn's aggressive trading strategy has paid off as his 40x Bitcoin long position has surged by 65%, resulting in a $76,000 profit. The position, valued at $4.72 million, was entered at a price of $86,800, with a liquidation threshold at $84,500. Wynn's bullish stance on Bitcoin is evident, as his public posts often align with his trading moves. On December 21, he shifted from a short to a long position, reflecting his optimistic outlook on Bitcoin's price trajectory.
In related activity, another trader, identified by the address 0x507, recently closed a Bitcoin long position with a $20,000 profit and has since opened a 10x long position on kPEPE, indicating a strategic diversification in trading positions.
James Wynn's BTC Long Position Surges 65%, Profits $76,000
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
