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A bet with high use has landed a crypto dealer within the headlines. He is understood online as James Wynn and has almost 1 billion US dollar for Bitcoin. He began a bullish position last week and didn’t say when he desired to go down.
Bitcoin bets met billions of dollars
According to Wynn's posts on X, his position reached about 1 billion US dollars on May 21. He uses $ 20 million of his own means and borrowed to make the trade around 40 times larger than its share. The bet is on Hyperliquid, a decentralized stock exchange where Perpetual Futures positions can open. Wynn has already closed a part of it and cut the dimensions to only over 800 million US dollars when Bitcoin climbed.
Lookonchain data show that it has risen by a BTC price of $ 108,084 and has set his “kill Switch” slightly below $ 103,640. If Bitcoin drops up to now, all the trade is pursuing. From early Thursday, this bet sat on cool 40 million US dollars of not realized profits.
Source: Hyperdash
Traders earlier success with Memecoin
Wynn didn't come out of nowhere. In 2023 he predicted that the Pepe -Memecoin would achieve a market value of 4.2 billion US dollars. This bet paid out in a big way when Pepe reached greater than $ 11 billion in December 2024. A wallet that was sure with “jwynn.eth”.
Bitcoin has just broken 111,900 US dollars!
Top Trader @jameswynnreals 40x Leveraged Long Position of $ 10,200 BTC (USD 1.14 billion) is now sitting on a profit of over $ 39 million!
– Lookonchain (@lookonchain) May 22, 2025
Huge risk sure with the drop in price
His trade shouldn’t be without danger. If Bitcoin falls below 100,850 US dollars, the position might be worn out. Wynn said that he would add extra money than liquidation. In turbulent markets, minor declines will be the trigger for cascade -like forced liquidations. Any sum of money stuck available on the market raises the query: If the costs were only relocated to a number of percent in each directions, would serious losses occur?
BTC currently acts with $ 110,783. Diagram: Tradingview
Market logic prefers this step
According to the polymarket, the May probabilities that Bitcoin has reached 115,000 US dollars are reported that Bitcoin has reached 115,000 US dollars. Geoff Kendrick from Standard Chartered also has an optimistic view. He predicts that Bitcoin could exceed 120,000 US dollars before the top of July. Until the top of next week, these forecasts will probably be with the Wynn own goal of 115,000 USD 118,000 US dollars and shortly afterwards until the top of next week and even 118,000 US dollars.
Update to my Little $ BTC Long Position.
Reduced position size today has achieved a number of profits around 110,000 US dollars -111,000 US dollars.
It gave the impression to be a phenomenal place for TP, and others appear to do the identical thing.
In my opinion, Bitcoin is higher after Breakout. My goal stays the identical from … pic.twitter.com/bufwtuqpou
– James Wynn 🐳 (@Jameswynnreal) May 22, 2025
Positioning in a shaky market
Bitcoin had reached around 111,800 US dollars on May 22, 2025 before the slight retreat. Dealers who point to quick profits also warn of quick drops. With decentralized stock exchanges, the prices for the financing rates can add up. Large arrangements for hyperliquid could stand out of the slip that might move the market against Wynn if he tried to chill out too quickly.
People see the trades and think it's a high silly gambling, and yes, that's it. But my very own thesis is supported. Which in turn is a calculated risk.
Bitcoin has remained on this channel for the reason that local soil of 74K. Touch the soil only two… pic.twitter.com/wenpkcwkrg
– James Wynn 🐳 (@jameswynnreal) May 20, 2025
Calm words of a risk carrier
“People see this as a high -ranking gambling, and yes, it’s,” said Wynn. He added that his bets were based on a solid thesis. It stays to be seen whether he is true or unsuitable. For the time being, his willingness to risk large sums, each admired and caution of spectators.
Selected picture of Unsplash, Diagram from Tradingview
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