TechFlow, on May 24, according to on-chain data from Lookonchain (@lookonchain), as the market declined, top trader @JamesWynnReal closed his long positions in ETH and SUI, incurring a loss of approximately $5.3 million. Subsequently, he increased his BTC long position, raising his holdings to 11,070 BTC (about $1.19 billion).
Currently, this trader's BTC position has incurred unrealized losses exceeding $20 million (including funding fees). His liquidation price stands at $104,820.
Although BTC’s macro trend remains bullish after reaching new highs, short-term market volatility is high, with some large traders running 40x leveraged long positions.
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