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「Bankrupt」 trader James Wynn opened a new 40x leverage BTC long position. Last week, he predicted that BTC would drop to $67,000 within the week.
BlockBeats News, December 2nd, according to HyperInsight monitoring, in the past 12 hours, James Wynn's address (0x8da) opened a 40x leveraged BTC long position at an average price of $85,400, with a position size of approximately $2.95 million. The current unrealized profit is $57,000 (77%). Over the past week, James Wynn has attempted multiple long positions on BTC and ETH, all resulting in losses. On November 25th, James Wynn made a bearish prediction on Platform X, stating that Bitcoin may drop to $67,000 that week.
According to monitoring, funds in another publicly used address (0x507) associated with James Wynn have been withdrawn and the account balance is zero. Previously, on November 10th, after James Wynn's community announcement predicting BTC to drop to $92,000, this address opened two BTC short positions and was later liquidated, resulting in a loss of approximately $100,000.
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