James Wynn Closes Part of SP500 Short for $45 Profit

James Wynn closed part of his SP500 short position and made a profit of $45, according to Onchain Lens. According to Odaily, Wynn opened an 80.44 SP500 short position worth about $599,000 yesterday and closed 42.19 SP500 today, worth about $312,600. He currently holds 115.68 SP500 shorts worth about $857,600, with an unrealized loss of $192. Wynn has been liquidated multiple times on SP500 short positions over the past month and has continued to add to the position, with cumulative historical losses of $23.4 million.