James Wynn opened a long position with high leverage, and 2.5 million USDC leveraged a $100 million BTC position

PANews reported on June 2 that according to @ai_9684xtpa, although James Wynn announced earlier that he would "leave the market", James Wynn had just used $2.5 million USDC as a margin and opened a position of 944.93 BTC with 40 times leverage, with a total position value of about $100 million, and only $1310.3 left in the liquidation space.

Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.