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James Wynn has closed his 40x leveraged long position on BTC and opened a short position in reverse.

By: theblockbeats.news|2025/07/17 00:52:13

BlockBeats News, July 17th, according to Onchain Lens monitoring, contract trader James Wynn has closed his BTC (40x) long position, realizing a profit of $368,120 and simultaneously opened a BTC (40x) short position.

However, during this period, due to his opening of a HYPE (10x) long position, he faced a loss of $129,678.

Three whale addresses spent a total of $38.79 million on buying ETH

A Whale Address Shorted Ethereum with 18x Leverage, Losing $8.44 Million in a Single Day