On-chain data shows that James Wynn has opened a 40x BTC long position, with a position value of 1.82 million USD, and the liquidation price is almost the same as the entry price.
Looking back at the past 3 days, he switched back and forth in BTC long and short positions, netting over 40,000 USD, but the PEPE long position incurred losses again.
This kind of operation, to put it bluntly, is not about trend judgment, but about using high leverage to gamble on volatility. It may work in the short term, but history has proven that this kind of rhythm will eventually come due.$BTC
BTCUSDT
Perp
87,695.7
-0.59%
PEPE
0.0₅396
-0.50%