The crazy trader is back! The millionaire James Wynnknown for its hazards Paris of « Trading-Casino » on Bitcoin (BTC) recently lost $ 100 million. But that does not seem to make him think for a second, since he again Opened a position of $ 1500 million, and calls for the crypto community so as not to be liquidated.
- The millionaire James Wynn has made a risky bet of $ 100 million on Bitcoin, despite an equivalent recent loss.
- The Crypto community was asked to avoid the liquidation of this new position on the edge of the financial precipice.
James Wynn opens a new position at $ 100 million on Bitcoin
According to data de Morurrscan, theexplore Blockchain transactions Hyperliquid (Hype), the new position of the crazy trader James Wynn was once again opened with a X40 lever effect denying dangerous.
As we can see below, the bettor has returned to a position Long (buyer) at a price of 105,890 dollars The BTC. And if the king of cryptos should fall below 103,630 dollars : this new position would also be liquidated.
This new bet comes under a week after the liquidation of his previous positions for a total of $ 100 million May 30, mentioned in the introduction. And near 945 bitcoinsor more than $ 99.5 million are therefore in play again today.
The also paranoid trading-casino lover? He calls for help the cryptosphere
The difference between the current Bitcoin course and its liquidation threshold being very low – barely more than -1.5%that’s to say Nothing For an asset known for its volatility -, James Wynn seems to become paranoid.
According to a post on xthe amateur trader of gambling seems to think that big market players would aim at specifically liquidate your position. He thus asked the Crypto community of Btfd (to buy the market point).
“They come to get me again.
Liquidation price: 103,640 dollars.
Buy this p*tain of a hollow [de marché].
Do not let these bastards liquidate me. »»
James Wynn therefore continues to burn his money with his hazardous bets on Bitcoin, despite his previous successive liquidations. While the crypto market remains carefulwith for the moment quite a few variations, The crazy trader persists and signs in his positions without any safety net.