PANews reported on December 2nd that, according to HyperInsight monitoring, trader James Wynn opened long positions in BTC with 40x leverage over the past 12 hours, at an average price of $85,400, with a position size of approximately $2.95 million. He currently has a floating profit of $57,000 (77%). It's worth noting that James Wynn has repeatedly attempted to open long positions in BTC and ETH over the past week, all of which resulted in losses. Previously, on November 25th, he predicted on the X platform that Bitcoin would fall to $67,000 that week, but this prediction failed to materialize.
According to further monitoring, the funds in another publicly disclosed address (0x507) have been cleared. Previously, this address opened a short position after predicting that BTC would fall to $92,000 on November 10, and was eventually liquidated, resulting in a loss of approximately $100,000.
