「Bankrupt」 trader James Wynn opened a new 40x leverage BTC long position. Last week, he predicted that BTC would drop to $67,000 within the week.

By: theblockbeats.news|2025/12/02 15:24:56
0
Share
copy

BlockBeats News, December 2nd, according to HyperInsight monitoring, in the past 12 hours, James Wynn's address (0x8da) opened a 40x leveraged BTC long position at an average price of $85,400, with a position size of approximately $2.95 million. The current unrealized profit is $57,000 (77%). Over the past week, James Wynn has attempted multiple long positions on BTC and ETH, all resulting in losses. On November 25th, James Wynn made a bearish prediction on Platform X, stating that Bitcoin may drop to $67,000 that week.

According to monitoring, funds in another publicly used address (0x507) associated with James Wynn have been withdrawn and the account balance is zero. Previously, on November 10th, after James Wynn's community announcement predicting BTC to drop to $92,000, this address opened two BTC short positions and was later liquidated, resulting in a loss of approximately $100,000.

-- Price

--

You may also like

Capital Markets: How will independent agents obtain financing?

Agents are becoming real companies: signing contracts, opening accounts, taking orders, and sharing profits. When ten thousand such companies are operating simultaneously, who will lend to them? How do they obtain financing?

Morning News | AEON completes $8 million Pre-Seed round financing led by YZi Labs; Goldman Sachs liquidates XRP and Solana ETF holdings in Q1; Strategy increased its holdings by 24,869 BTC last week

Overview of Important Market Events on May 18

Cross-border payment giant Wise lands on Nasdaq

Wise's listing on Nasdaq is not just a relocation of its stock market; it is also a repositioning of a cross-border payment company transitioning from a low-cost remittance tool to a global financial services network.

a16z Crypto: How should crypto entrepreneurs understand the CLARITY Act?

On May 14, the U.S. Senate Banking Committee passed the CLARITY Act with bipartisan support. The act clarifies the division of responsibilities between the SEC and CFTC in the cryptocurrency sector, providing a legitimate path for blockchain networks to issue and operate tokens.

Hyperliquid has been sued by two major traditional exchanges

CME and ICE joined forces to go to the U.S. Congress and CFTC to complain, demanding strict regulation of the cryptocurrency derivatives platform Hyperliquid.

Dialogue with Lead Bank Founder Jackie: American Banks Re-embrace Crypto

Excellent crypto companies are not those that are "best at circumventing regulations," but those that are "best at evolving in collaboration with regulations."

Contents

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com