TechFlow news, May 22 — According to on-chain analyst EmberCN (@EmberCN), trader James Wynn reduced a long position of 1,080 bitcoins in the past 20 minutes, with a transaction value of approximately $120 million.
His current position stands at a long position of 9,118 bitcoins, valued at $1 billion, with an entry price of $108,065 and a liquidation price of $102,858, realizing a floating profit of $24.1 million.
Combined with the realized profit of $16.77 million from this reduction, his total gains from bitcoin long positions over the past two days have reached $40.87 million.
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