James Wynn's Recent Bitcoin Trades Show Mixed Results

According to BlockBeats On-chain Detection, over the past 12 hours, James Wynn has opened a Bitcoin long position with 40x leverage at an average price of $85,400, amounting to approximately $2.95 million. This position currently shows an unrealized profit of $57,000, or 77%. In the past week, Wynn has made several attempts to open long positions in Bitcoin and Ethereum, all of which resulted in losses. On November 25, Wynn predicted on the X platform that Bitcoin might drop to $67,000 that week. Additionally, monitoring reveals that another of Wynn's previously used addresses (0x507) has been emptied. On November 10, following Wynn's public statement predicting Bitcoin's fall to $92,000, this address opened two short positions on Bitcoin, which were subsequently liquidated, resulting in a loss of approximately $100,000.