PANews reported on May 30 that according to the monitoring of on-chain analyst Yu Jin, the BTC long position of the whale James Wynn was damaged by the spikes many times. From yesterday morning to now, he has lost $12 million in 24 hours. Currently, there is no profit taking, and all the losses are principal. Because of the reduction in margin, the position cannot be added back after the decline. His BTC long position has dropped from $760 million yesterday morning to $279 million now. And the only $5.9 million margin left in his current address can no longer support his position of hundreds of millions or even billions like some time ago.

His current position: 40x leverage long 2,636 BTC, position value $279 million. Opening price $107,993, liquidation price $105,067.