Bitcoin Trader Doubles Down Amid Market Volatility

On-chain analyst @ai_9684xtpa revealed that prominent Bitcoin trader James Wynn has expanded his leveraged long position, adding to his already significant holdings. Wynn’s 40x leveraged position is now valued at approximately $832 million after a recent market surge. He increased this position from an initial 40x leverage to 7,764.264 BTC, opening at $105,033.4 per Bitcoin with a liquidation price set at $100,330. Currently, Wynn’s position holds an unrealized profit of $16.59 million in the volatile cryptocurrency market.