James Wynn increases BTC long position 40 times to $600 million, liquidation price lowered to $107,200

Odaily News According to data monitoring, James Wynn has increased his Bitcoin long position with 40 times leverage again in the past 30 minutes, and the current position value has reached 600 million US dollars. The average price of his latest position is 109,669 US dollars, and the liquidation price is reduced to 107,200 US dollars. The current book loss is about 5.05 million US dollars.
About two hours ago, James Wynn sold 240 billion PEPE for $3.32 million, which is suspected to be the source of funds for adding margin to the position.