James Wynn increases his Longing BTC position, with unrealized profit exceeding $750,000.

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Trader James Wynn increased his Bitcoin Longing position with 40x leverage, while maintaining his PEPE Longing position with 10x leverage, bringing his total portfolio to approximately $14 million and his unrealized profit to over $750,000.

The developments recorded on January 5th, according to on-chain tracking data, show that Wynn continues to increase its leveraged bets on Bitcoin, while also maintaining another position in the PEPE cryptocurrency.

MAIN CONTENT
  • Wynn increases Bitcoin Longing leverage to 40x.
  • Continue holding the Longing PEPE position with 10x leverage.
  • Portfolio value ~$14 million, unrealized profit >$750,000.

James Wynn's leveraged position

on-chain shows James Wynn increasing his Bitcoin Longing position with 40x leverage and maintaining PEPE Longing position with 10x leverage.

The information indicates that the latest move is a further increase in Longing Bitcoin positions by 40x, while maintaining a 10x Longing PEPE position. The original post does not specify the size of each position, entry price, exchange, or margin level; it only confirms the leverage level and current holding status.

Portfolio size and unrealized profits

The total value of current holdings is approximately $14 million, with unrealized gains exceeding $750,000.

The figures described represent approximately $14 million in total holdings and an overall unrealized profit exceeding $750,000. The original article does not provide details on the time of day the gains were recorded, the allocation of assets between Bitcoin and PEPE, or the price fluctuations that led to the current profit.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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