James Wynn increased his BTC long position to $790 million in the early morning, only $1,600 away from the liquidation price

Odaily News According to @EmberCN, trader James Wynn increased his BTC long position again at 1 a.m. and currently holds 7,227 BTC with 40x leverage, with a nominal value of $790 million, an average opening price of $110,084, and a liquidation price of $107,580. The current floating loss is about $5.82 million. The current BTC market price is close to its liquidation range, with a difference of only about $1,600 from the liquidation price.