Data: James Wynn, the whale, closed his short position worth $1 billion this morning, losing $15.86 million

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MarsBit
05-26
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Mars Finance news, according to on-chain analyst Yu Jin's monitoring, the whale James Wynn closed out his short position worth $1 billion at a loss of $15.86 million between 6:09-6:15. The whale had previously opened a short position of 9,402 BTC at an average price of $107,069 with 40x leverage, with a position value of $1 billion. At 6 AM today, BTC began to rebound, and he decided to close his position at 6:09, completing the liquidation of his $1 billion position in just 6 minutes. He opened the short at an average price of $107,069 and closed it at an average price of $108,757, resulting in a loss of $15.86 million.

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