Whale James Wynn has suffered a $12 million loss in the past 24 hours, with their position dropping from $760 million to $279 million.

BlockBeats News, May 30th. According to on-chain analyst Yu Jin's monitoring, whale James Wynn's BTC long positions have been repeatedly liquidated by insertions, resulting in a loss of $12 million in the past 24 hours, which is currently all principal loss.

Due to the reduction in margin, the position could not be added to after being liquidated during the downturn. His BTC long position has dropped from $760 million yesterday morning to $279 million now. Moreover, the remaining $5.9 million margin in his address is also unable to support the previous positions of several hundred million or even over a billion.

Currently, his position is as follows: Long 2,636 BTC with 40x leverage, with a position value of $279 million. Opening price $107,993, liquidation price $105,067.