• Bitcoin whale James Wynn’s $830M leveraged long trade signals strong bullish conviction on BTC.
• Diverging whale strategies highlight growing market volatility and sentiment split.
• Record ETF inflows and 99% profitable holders support Bitcoin’s bullish momentum.

Bitcoin whale James Wynn caught the attention of crypto markets today, May 21, by initiating one of the largest leveraged long positions ever seen on a decentralized exchange. 

Wynn opened a 40x leveraged long trade worth $830 million on the platform Hyperliquid. He entered the market at a price of $105,033 per BTC. However, within just 90 minutes, Wynn trimmed nearly half his position. He reduced his exposure to $430 million, a move that sparked speculation about profit-taking and strategic repositioning by the whale. Information about this trade was also highlighted by sources like EmberCN on X.

The post Bitcoin Whale James Wynn Goes $830M Long on BTC, Then Trims $400M in 90 Minutes appeared first on Coin Edition.

• Bitcoin whale James Wynn’s $830M leveraged long trade signals strong bullish conviction on BTC.
• Diverging whale strategies highlight growing market volatility and sentiment split.
• Record ETF inflows and 99% profitable holders support Bitcoin’s bullish momentum.

Bitcoin whale James Wynn caught the attention of crypto markets today, May 21, by initiating one of the largest leveraged long positions ever seen on a decentralized exchange. 

Wynn opened a 40x leveraged long trade worth $830 million on the platform Hyperliquid. He entered the market at a price of $105,033 per BTC. However, within just 90 minutes, Wynn trimmed nearly half his position. He reduced his exposure to $430 million, a move that sparked speculation about profit-taking and strategic repositioning by the whale. Information about this trade was also highlighted by sources like EmberCN on X.

The post Bitcoin Whale James Wynn Goes $830M Long on BTC, Then Trims $400M in 90 Minutes appeared first on Coin Edition.