James Wynn, multimillionaire cryptocurrency dealer James Wynn, opened a second lever -bitcoin position for nearly 100 million US dollars, just a couple of days after he was liquidated from an identical trade.
According to blockchain data aggregator Hypurrscan, the position is to be liquidated if Bitcoin (BTC) falls below 103,630 US dollars and currently has an unrealized lack of over 592,000.
The trade takes place lower than every week after Wynn's previous position of $ 100 million was liquidated on May thirtieth when BTC had dropped shortly below a 105,000 US dollar.
James Wynn, Bitcoin Long Position. Source: Hypurrscan
Wynn's bet coincides with a growing market caution. The next significant support of Bitcoin stays just over $ 103,000, for the reason that market participants remain within the “Warte-and-See mode” before the publication of a very powerful US Bobless report on June 5, Nexo shipping editor Stella Zlatareva told CoinTelegraph.
Wynn claims to focus available on the market for liquidation
After the news of his second bet, Wynn claimed that his liquidation level was deliberately targeted by large market participants.
“They come back for me,” wrote Wynn and revealed his level of liquidation of $ 103,640 in a post on June 2 and added:
“Don't be liquidated by these evil bastards.”
The crypto influencer Altcoin Gordon also called out market manipulation after Wynn's second bet was initiated of $ 100 million.
“Within seconds, the shady market manufacturers unloaded the value for its liquidation price of 104,580 US dollars,” Gordon wrote in a post on 2. X X.
Some dealers have began donating to Wynn's Blockchain address to assist him finance his lit positions.
Stable coins sent no less than 24 blockchain users to Wynn's cryptocurrency address, with the most important donation reaching almost 8,000 US dollars.
Wynn previously asked the crypto community to donate stablecoin to “fight against the market-sensitive cabal”, and promised to reimburse every user to “take over” that he wins.
He also claimed that a few of his personal accounts about cryptocurrency exchanges were “closed” for no obvious reason overnight.
“Bearish impulse is weaker,” wrote Wynn on June 3 in a successor X-Post and predicts an incoming Bitcoin rally, wherein investors are “surprised”.
