Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K

Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet - WorldNL Magazine

In a dramatic twist befitting the man known as the “10U God of War,” crypto trader James Wynn has exited his headline-grabbing $1.25 billion Bitcoin long with a cool $25 million profit. The crypto whale had wagered his capital on BTC hitting $121,000 this week, leveraging 40x on Hyperliquid. From $87M Highs to a $25M Exit At one point, the trade showed as much as $87 million in unrealized profit. However, volatility and macro headwinds, includin…

Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet - Invest In Crypto News

In a dramatic twist befitting the man known as the “10U God of War,” crypto trader James Wynn has exited his headline-grabbing $1.25 billion Bitcoin long with a cool $25 million profit. The crypto whale had wagered his capital on BTC hitting $121,000 this week, leveraging 40x on Hyperliquid. From $87M Highs to a $25M Exit At one point, the trade showed as much as $87 million in unrealized profit. However, volatility and macro headwinds, includin…

Crypto Whale Wynn Quits After Scoring $25M from $1.25B Bitcoin Bet

In a dramatic twist befitting the man known as the “10U God of War,” crypto trader James Wynn has exited his headline-grabbing $1.25 billion Bitcoin long with a cool $25 million profit. The crypto whale had wagered his capital on BTC hitting $121,000 this week, leveraging 40x on Hyperliquid. From $87M Highs to a $25M Exit At one point, the trade showed as much as $87 million in unrealized profit. However, volatility and macro headwinds, includin…

This week, the Bitcoin market was volatile, with the leading operator James Wynn taking a radical turn, shifting a huge long position of $1.25 billion to a short position while Bitcoin fell below $108,000. This decision is due to renewed concern about US trade tariffs under President Trump’s administration, reflecting growing concern about the stability of global markets. But for users of cloud mining platforms like SIX MINING, the story is much…

Crypto Market Faces Minor Slump Amid Steady Progress As Bitcoin Stands Above $108K

Crypto market is making a steady move irrespective of the slight downturn. At the moment, the cumulative crypto market cap is $3.39T after a 0.37% dip over the past 24 hours. Additionally, the 24-hour trading volume has decreased by 38.85% to reach $ 97.08B. However, the crypto Fear and Greed index remains strong at 67 points, showing “greed.” Bitcoin Sees 0.18% Decrease and Ethereum Witnesses 1.47% Dip Bitcoin ($BTC) has reflected the overall c…

As Bitcoin fell below $108.000 on Saturday, merchant James Wynn changed his massive long Bitcoin position to a short one. *** Known merchant becomes bassist when Bitcoin recedes from price. James Wynn, known for his risky leveraged operations, closed a huge long position in Bitcoin. He had wagered USD $1.2 billion that the price would rise, but then fell back. Bitcoin fell almost 4% since his historic peak last week. Wynn has now opened a short …