Multimillionaire cryptocurrency trader James Wynn has opened a second leveraged bitcoin position for nearly $100 million, just days after being liquidated from a similar trade. According to blockchain data aggregator Hypurr Scan, the position is set to be liquidated if bitcoin (BTC) falls below $103,630 and is currently showing an unrealized profit of over $592,000.
The trade comes less than a week after Wynn’s previous $100 million position was liquidated on May 30, when BTC briefly dipped below a 10 – day low of $105,000. Wynn alleged on X that his liquidation level is being deliberately targeted by major market participants. “They’re coming for me again,” he wrote, disclosing his $103,640 liquidation level in a June 2 X post, adding: “Don’t let these evil bastards liquidate me.”
At least 24 blockchain users sent stablecoins to Wynn’s cryptocurrency address, with the largest donation nearly reaching $8,000, according to data compiled by pseudonymous blockchain sleuth “Det Hective”. He also claimed that some of his personal accounts on cryptocurrency exchanges were “closed overnight” for no obvious reason.
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