Odaily News The whale Jams Wynn posted on the X platform: "The market forced the price of Bitcoin to fall to the $108,700 range, which was my liquidation price. Fortunately, I was not sleeping or busy at the time, otherwise I would have been liquidated. I executed the operation immediately after seeing the price drop, and was forced to start selling my position as soon as possible to reduce the liquidation price. Fortunately, I avoided liquidation (for now), and the current new position is worth $553 million, 40 times Bitcoin long, instead of $700 million to $800 million. Because I had to sell and buy back the position at a higher price, I lost the difference."