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Investor James Wynn's positions were partially liquidated, still holding $28 million in Bitcoin long positions.
According to the latest monitoring data, investor James Wynn's Bitcoin and PEPE token long positions have faced partial liquidation. Nevertheless, he still maintains a considerable investment position. Currently, Wynn holds approximately $28 million in Bitcoin long positions with a leverage of 40 times; meanwhile, he also holds about $6 million worth of PEPE token long positions.
Previously, there were reports that this well-known on-chain investor took a series of actions. Wynn gathered approximately 344.7 Ether through multiple wallet addresses, with a total value close to $900,000. Subsequently, he transferred these assets to a mainstream trading platform and exchanged $500,000 of it for USDC stablecoin. Immediately after, Wynn transferred this fund to the Hyperliquid platform to open long positions in Bitcoin.