Resumed 40x short on 1.256 Bitcoin... five days after liquidation

James Wynn reopened a 40x leveraged short position on 1.256 BTC five days after his previous position was liquidated, according to Lookonchain monitoring cited by PANews. The position is valued at roughly $96,000 with a liquidation price of $78,227.92 per bitcoin. The 40x leverage means Wynn controls a contract size far larger than his posted margin, and the liquidation price marks the level at which the trade would be forcibly closed, not confirmation that a liquidation has occurred. The reopening signals the trader remains bearish on bitcoin despite the recent wipeout, and the $78,227.92 threshold is the key level to watch for whether the position survives.