According to a report from Golden Finance, on-chain analyst Yu Jin monitored that Whale James Wynn once again maxed out his 40x leverage at 2 AM, increasing his BTC Long Position to 527 million USD, which is the limit of the position he can open with his current funds.
His current position: 40x leverage long 4,903 BTC, with a position value of $527 million. The opening price is $108339 and the liquidation price is $106449 He only had $1,890 between the opening price and the liquidation price, leaving no room for himself at all. As soon as BTC gets a little closer to its liquidation price, he has to stop his loss and reduce his position.
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James Wynn Whale added a 40x leverage go long position of 4,903 BTC to 527 million USD.
According to a report from Golden Finance, on-chain analyst Yu Jin monitored that Whale James Wynn once again maxed out his 40x leverage at 2 AM, increasing his BTC Long Position to 527 million USD, which is the limit of the position he can open with his current funds. His current position: 40x leverage long 4,903 BTC, with a position value of $527 million. The opening price is $108339 and the liquidation price is $106449 He only had $1,890 between the opening price and the liquidation price, leaving no room for himself at all. As soon as BTC gets a little closer to its liquidation price, he has to stop his loss and reduce his position.