Onchain Lens reports that Wynn’s recent high-risk Ethereum trade faced partial liquidation, leaving him with a significantly smaller position valued at about $150,000.
On August 20, blockchain analytics service Onchain Lens reported that James Wynn’s 25x leveraged Ethereum long position, entered at an average price of $4,239.5, was partially liquidated during a market downturn. Following the liquidation, Wynn retains 36.6572 ETH, valued at around $150,000. The trade was initiated yesterday afternoon, marking Wynn’s re-entry into the market after his earlier leveraged position.