Latest Update
2026-10-23 05:29 UTC

Lookonchain: James Wynn Opens 40x BTC Short

Lookonchain: James Wynn Opens 40x BTC Short

Lookonchain reports trader James Wynn opened a 40x short on 0.4947 BTC worth $40.5K with a liquidation price of $82,671.48 after a 49-day absence.

Source

Analysis

Lookonchain flagged that James Wynn returned after 49 days and opened a 40x short on 0.4947 BTC ($40.5K) with liquidation at $82,671.48.

BTC sits at $81,959.77 below the EMA50 at $82,349.8 and EMA200 at $82,092.74, locking in the bearish trend while the MACD death cross at -174.36 keeps downside pressure intact. RSI at 46.94 remains neutral and price stays inside the Bollinger Bands, so any push toward upper-band resistance at $84,562 would likely meet selling that targets the lower band at $80,529 before the next directional move.


Lookonchain

@lookonchain

Looking for smartmoney onchain