Despite market downturns, cryptocurrency trader James Wynn has been adjusting his positions in response to changing market conditions, as reported by Odaily. He liquidated long positions in Ethereum and Sui (SUI), resulting in losses of $3.69 million and $1.59 million respectively. However, he is taking advantage of the current downturn, increasing his Bitcoin (BTC) holdings significantly. 40x leveraged long position in BTC that Wynn opened at a price of $109,190 has been expanded to over 11,070 coins currently with an unrealized loss of $20.62 million. This move shows Wynn is taking advantage of the downturn in the market and betting on Bitcoin’s future performance.