James Wynn Closes $1.2 Billion Bitcoin Position with $13.39 Million Loss

Cryptocurrency trader's $730M Bitcoin position experiences significant unrealized losses amid market downturn, with liquidation price at $107,520.

BTC

198d ago

Summary

Cryptocurrency trader James Wynn's Bitcoin long position has incurred unrealized losses exceeding $5.8 million, with current holdings valued at $729,979,245. The position was opened at $110,112.9 with a liquidation price of $107,520, indicating increased risk as Bitcoin prices decline.

Terms & Concepts

Long position: A trading position that profits when the asset's price rises, created by buying and holding assets with the expectation of selling at a higher price.