Traderspeak: Trader James Wynn Longs BTC 40x, Now Sitting on $12.46M Profit

BlockBeats News, May 20th, according to Ember Monitor, James Wynn's position, with a 40x long on BTC, has already realized a profit of $12.46 million. For his $563 million position, a 1% price swing in BTC results in a $5.63 million unrealized gain or loss.

However, just 40 minutes ago, he took profit at a price of $105,745, liquidating 189 BTC (approximately $20 million).