Massive Long Position: Crypto Whale James Wynn Invests $75 Million in Bitcoin

Crypto trader James Wynn has taken a significant leap in the Bitcoin market, opening a substantial long position valued at $75 million. This move comes after Wynn closed his previously held short positions, resulting in a loss of $15.87 million. Wynn’s long position involves 684.11 BTC, showcasing a high-risk strategy despite the losses incurred on previous short trades.