James Wynn has lost nearly 100 million dollars in a week, with 40x leverage long order on BTC close to liquidation.
Gate News bot reports that well-known trader James Wynn's high-leverage BTC position seems difficult to maintain, with his losses nearing $100 million over the past week. Data from Hyperdash shows that Wynn's Margin utilization rate is close to 100%, which will lead to his Position being fully liquidated, even though Wynn recently deposited $376,000 to bolster his defenses. The trader, known for making aggressive bets under the alias "moonpig", currently holds approximately 1,690 BTC in long positions, valued at about $178.78 million. On-chain data indicates that Wynn's 40x leverage BTC long position currently has unrealized losses of about $3.5 million, with a negative yield of 77%.