James Wynn opened a 40x short position of approximately 1.256 BTC
Original headlineJames Wynn 开设约 1.256 枚 BTC 的 40 倍空单
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Trader James Wynn reopened a 40x leveraged short position on Bitcoin worth roughly 1.256 BTC (about $96,000) on November 4, five days after his previous position was liquidated, according to Lookonchain monitoring. The new position carries a liquidation price of $78,227.92. The high-leverage bet signals renewed bearish conviction from a closely watched trader despite his recent wipeout. Market participants will be watching whether BTC holds above the $78,227.92 threshold, as a break below would trigger another liquidation of Wynn's short.
Muhabbit's AI wrote this summary in its own words from TechFlow's report and translated it from Chinese. It can get details wrong, so check the source.
Named in this story
James Wynn, Bitcoin (BTC), Lookonchain
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