List of Flash News about Trump Musk dispute
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2025-06-06 00:52 |
James Wynn Forced to Liquidate $126 Million BTC Long Position After Trump-Musk Dispute: Key Crypto Trading Insights
According to Ai 姨 (@ai_9684xtpa) on Twitter, prominent trader James Wynn's 40x leveraged BTC long position was forcefully liquidated during the early hours of June 6, 2025, resulting in the loss of 379.13 BTC and a total realized loss of $2.745 million. The liquidation occurred between 12:35 and 01:00 AM, wiping out what was once a $126 million position. Wynn's margin account now holds only $706,000. This high-profile liquidation, occurring amid heightened volatility linked to news of a public dispute between Trump and Musk, highlights the risks of high leverage in the Bitcoin market, and may contribute to increased short-term BTC volatility as other traders reassess their risk exposure. (Source: Ai 姨, Twitter, June 6, 2025) |