James Wynn's highly leveraged BTC position made a thrilling return on investment, and at one point it was only $20 away from liquidation
James Wynn's highly leveraged BTC position made a thrilling return on investment, and at one point it was only $20 away from liquidation
PANews reported on June 3 that according to Ember, James Wynn opened a long position of 945 BTC at $105,890 yesterday, using 40 times leverage, and the liquidation price was $103,622. BTC quickly rebounded after falling to $103,610 at one point, allowing it to avoid liquidation and recover its capital. He previously posted a "begging" tweet asking for support, which received about $60,000 in aid, and has since deleted the content. The current market value of the position is about $100 million.
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