James Wynn, a trader monitored by HyperInsight, has opened a new long position in Bitcoin with 40x leverage, investing approximately $2.95 million at an average price of $85,400. Over the past 12 hours, Wynn has achieved a floating profit of $57,000, marking a 77% gain. This move follows a series of unsuccessful attempts to open long positions in both Bitcoin and Ethereum over the past week. Previously, Wynn predicted a drop in Bitcoin's price to $67,000, which did not occur. Additionally, a separate address linked to Wynn was liquidated after a failed short position on Bitcoin, resulting in a $100,000 loss. This address had anticipated Bitcoin falling to $92,000 on November 10.