James Wynn Invests $1.2 Billion in Bitcoin Amidst Market Reversal

Prominent cryptocurrency trader James Wynn has made a significant strategic move, increasing his Bitcoin (BTC) holdings by over $1 billion after liquidating substantial losses on Ethereum and Sui. Following the market downturn, Wynn’s new investment stands at 11,070 BTC, currently valued at roughly $1.19 billion. Although this represents a major shift in his portfolio allocation following recent successes with Pepe (PEPE) trades, Wynn is facing concerns about potential liquidation risk at a price point of $104,820.