Trader James Wynn reopens long Bitcoin position, currently valued at approximately $279 million

TechFlow, May 20 — According to on-chain analyst Ember (@EmberCN), trader James Wynn reduced his Bitcoin long position today from $570 million to $190 million, realizing a profit of $6.2 million.

Subsequently, he began increasing his long position again and currently holds 2,675 Bitcoin with 40x leverage, valued at approximately $279 million. The position was opened at $103,629 and will be liquidated at $87,765.