HomeCrypto NewsBitcoin-BTC Divergence: James Wynn's 40x Short vs. $430M BTC-ETH Longs

Bitcoin-BTC Divergence: James Wynn's 40x Short vs. $430M BTC-ETH Longs

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According to Whale Insider, James Wynn increased his Bitcoin short selling and deposited more margin. The notional value of the position is now roughly $330,061 with 40x leverage. The account has a whole short bias with no long exposure.

James Wynn BTC 40x short position. Source: Whale Insider X

Platform data suggests that trading is profitable at snapshot time. The unrealized PnL is roughly $1,710, which represents a return on equity of 20.72%. The market price is about $114,218 against a gap price of about $114,809, which explains the green profit and loss statement. Last week, perpetrator-only PnL was roughly $1,621.

The risk is high since the setup uses a cross margin of 40x. The utilized margin ratio is 98.71%, indicating a limited buffer. The liquidation price is near around $115,664.9 while the market is trading below. If the worth rises to this level, the position would quickly come under pressure.

The position details show 100% short exposure and a brief value of $330,061.47 versus zero long positions. The position size is roughly -2.88975 BTC. The account lists a margin of roughly $8,251.54 and current financing costs near $41.28. The data supports Whale Insider's statement that Wynn has increased its size and added funds to take care of short selling.

In summary, Wynn expects Bitcoin to trend lower from current levels. The profit results from a lower market price since entry. However, the small gap to the liquidation threshold highlights how sensitive a 40x cross position stays to rapid upward moves.

A Trump-linked insider opens $430 million value of BTC-ETH long positions, reversing the signal

In contrast to James Wynn's 40x Bitcoin short, a trader described as a Trump insider opened latest long positions value around $430 million in BTC and ETH. The screens show a BTC long of roughly $238.6 million and an ETH long of roughly $196.0 million, with unrealized profits of roughly $5.43 million and roughly $7.39 million, respectively. The post also cites a winning ratio of 12/12 and a profit of around $35 million in the previous few days.

Trump Insider $430M BTC ETH Longs. Source: 0xNobler XTrump Insider $430M BTC ETH Longs. Source: 0xNobler X

Additionally, entries are around $111,897 for BTC and $3,965 for ETH, while current values ​​are around $114,504 and $4,121. This placement means each long positions remain comfortably within the green in the intervening time. Funding and momentum would favor the long book if the spot price rises.

Looking ahead, the split between a public 40x short and a $430 million headline long represents a directional test. If BTC extends above recent highs, the long position could amplify gains and put pressure on late short positions. However, if the worth weakens towards insider entries, the advantage could quickly reverse and reignite the case for a continuation lower.

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