James finally gave in... He has already closed half of his position, leaving a long position worth $500 million with nearly 5,000 ... This caused BTC's price to drop by around $1,000 in a short period... He probably won't reduce his position further for now, as the current liquidation price is around 99,700; Logically, it seems understandable that he added 1,000 on Saturday, trying to drive market sentiment during low liquidity hours to trigger a short squeeze, but the effect was not good...

This wave of operations is typical: fangshouyibo~ There is a reason why he can make so much money! Even when he seems to be overwhelmed, he can still regain his rational emotions and reduce his positions with floating losses. This is definitely worth learning! Not to mention that this was done with the whole network paying attention. I admire it very much! For a small trader like me, the pressure of just opening a real market will completely distort my operations...

Well~ James has closed all his positions... It's a bit beyond my expectations...