James Wynn closed his 40x leveraged BTC long position, with a single loss of $37.42 million, and switched to 10x leveraged long PEPE

Odaily News According to Onchain Lens monitoring, whale James Wynn has closed his 40x leveraged Bitcoin long position, with a loss of $37.42 million in a single transaction.
In addition, a 10x leveraged long position in PEPE was opened again.
James Wynn went from making over $87 million in profit to losing $14.76 million in one week.