James Wynn, a whale, rebounded from the brink of liquidation with a 40-fold Bitcoin position and was close to recovering the investment. At one point, it was only $20 away from liquidation.

Odaily News According to Ember’s monitoring, the whale James Wynn’s highly leveraged BTC position once suffered a floating loss of $2.17 million, just $20 away from liquidation. However, BTC subsequently rebounded, allowing him to successfully recover his investment.
The position is a 40x leveraged long order, holding 945 BTC, with a total value of approximately $100 million, a position opening price of $105,890, and a liquidation price of $103,622. The market was generally concerned about whether BTC would fall below $103,610 to trigger liquidation, but the trend has reversed and is temporarily out of the risk zone.