List of Flash News about crypto liquidation price
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2025-06-02 09:03 |
James Wynn Opens Massive $99.5M Bitcoin Long with 40x Leverage: Trading Implications for $BTC Price Action
According to Lookonchain (@lookonchain) on Twitter, James Wynn has returned to the market by opening a significant Bitcoin long position, totaling 945 BTC (worth approximately $99.5 million) with 40x leverage. The reported liquidation price for this high-risk position is $104,580 (Source: Lookonchain, June 2, 2025, hypurrscan.io/address/0x5078). This aggressive move signals renewed bullish sentiment from influential traders and could increase market volatility as traders react to Wynn's high-leverage strategy. The substantial size and leverage of this trade may also influence short-term liquidity and order book dynamics for BTC, making it a key signal for crypto market participants monitoring whale activity and potential liquidation cascades. |