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According to on-chain data analysts’ tracking, James Wynn, one of the well-known whales of the crypto market, has added to his Bitcoin (BTC) long positions again, bringing the total position value above $700 million.
Wynn recently claimed to have earned $46 million from his Bitcoin positions to date.
Here is Wynn’s current data from his last position:
- Position type: BTC/USD LONG
- Leverage: 40X (Cross)
- Total position: 7903.02 BTC (~$860.3 million)
- Unrealized profit: $8,248,466.99
- Unrealized loss: -$1,390,093.14
However, let’s add that leveraged transactions are very risky, especially when done on decentralized cryptocurrency exchanges and with cryptocurrencies that are inherently highly volatile.
However, James Wynn is not only notable for his earnings, but also for his views. He is particularly popular for his criticism of centralized exchanges and his support for Hyperliquid.
Wynn stated in his public posts that centralized platforms manipulate the tokens they list, listing new projects and then dumping them on individual investors. He even stated that even if he received a $1 million monthly private transaction offer from a cryptocurrency exchange, he would reject it for ethical reasons.
*This is not investment advice.
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