PANews reported on May 29 that according to Ember's monitoring, BTC big holder James Wynn suffered serious losses due to high leverage operations. His opening price was $108,334, and the liquidation price was $106,314, with a leverage ratio of up to 40 times. At around 12:40, the BTC price once plunged to near its liquidation line (about $107,000), forcing him to partially stop losses to lower the liquidation line, with a single loss of $2.95 million. At present, James Wynn has given back all of his $87 million in profits and lost $3 million in principal. His current position is 4,604 BTC, with a total value of approximately $496 million.