PANews reported on May 26 that according to monitoring by on-chain analyst Ember, whale James Wynn closed his short position worth $1 billion at 6:09-6:15 with a stop loss, resulting in a loss of $15.86 million.

• The whale opened a short position of 9,402 BTC at an average price of 40x of $107,069 yesterday, with a position value of $1 billion.
• At 6 o'clock this morning, BTC began to rebound. He decided to stop loss and close the position at 6:09, and it took only 6 minutes to close the position worth 1 billion US dollars.
• The short position was opened at an average price of $107,069 and closed at an average price of $108,757, resulting in a loss of $15.86 million.