Bitcoin

Multimillionaire trader #JamesWynn has opened a 40x leveraged $BTC long position worth over $19.5 million at a $117,000 entry price.
The position faces liquidation if $BTC drops below $115,750, with Wynn already paying $1.4 million in funding fees.
Wynn simultaneously placed a 10x leveraged $PEPE long worth $102,000, showing confidence in both $BTC and #memecoin momentum.
The trader previously lost nearly $25 million in June after two $100 million leveraged positions were liquidated below $105,000.
Wynn claimed market makers deliberately target his liquidation levels but stated they're now "out of gun powder."
Another whale, Qwatio, took the opposite bet, opening a $2.3 million 40x short position, effectively betting on Bitcoin's decline.
$PEPE has dipped more than 3% over the past 24 hours but appears to be recovering from recent #liquidation events.

#JamesWynn Returns With $19.5M #Leveraged Long Position

CMC News

Other articles published on Jul 15, 2025

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