According to @EmberCN, trader @JamesWynnReal who previously opened a $1.23B BTC long in late May has resumed rebate-funded activity by claiming 1,854 USDC and then opening a 0.95 BTC short at $116,026 (about $111k notional), with activity referenced on hyperbot.network/trader/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6. According to @EmberCN, the trader lost $108M in June (including $87M profits and $21.77M principal) and has since been placing small rebate-funded orders. The post is marked as sponsored by Bitget, according to @EmberCN. For traders tracking flow, this reflects a sharp reduction in position size versus the prior $1.23B exposure, according to @EmberCN.