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What happened to the Bitcoin whale, which opened $ 1 billion in positions and short?

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James Wayne, the encryption dealer whose positions were shared on the X (previously Twitter) platform, soon became common after the big bitcoin positions became viral. So far, James has opened a multiple bill of dollars and has received great follow -up after his impressive victory. The encryption dealer also managed to cross the land of 8 numbers in terms of gains. Two of his last deals have caught attention, and this report takes a look at how the trader managed these situations.

Bitcoin Bitcoin 1 billion dollars

While James Wayne was gaining a lot of attention to being the 5 best merchants on Liquid PNL platform, his latest tour has more attention. Last week, the encryption dealer amazed the community when he opened a long center of $ 1.2 billion, with a 40X financial lever. With the close filtering price of $ 105179, this appears to be a risk fraught, and with bitcoin volatility, as well as PNL did to the situation.

With the low price of bitcoin on the weekend, the trader will do This long position closed one billion dollars For a loss of $ 13.4 million. After that, James Wayne quickly turned on the directions and put another billion dollar site, but this time in favor of the Bitcoin price.

James Wayne worth $ 1 billion
Source: x

With a slightly $ 107 entry price, this may be a fatal decision for merchants as bitcoin price began to move up. Again, Win was forced to close Perp, which led to a heavily $ 15.87 million loss. In total, Trader Perp lost approximately $ 28 million in 24 hours, according to liquid high data.

What next to James Wayne?

After closing his short position, James Win moved to X (previously Twitter) to address the situation. In this position, he made it clear that after the tremendous losses, he was looking at no longer playing in PERPS anymore. In addition, it is open Despite the losses, it remains $ 25 million in green after it started a first place from 3 to 4 million dollars.

The publication drew speculation from the encryption community, as some argue that the encryption dealer will not stop trading. This has proven that after just hours, Wayne returned to the liquid to put multiple bets on new sites.

Hyperliqid bitcoin pepe
Source: hyperless

The encryption dealer initially focused on longing babyWhich was one of his most profitable currencies in trade, and got a profit more than $ 25 million. It is soon to open Another position in Bitcoin with an entry price of $ 109,733.

At the time of writing this report, James closed his Pepe site after it was almost filtered with the outbreak of bitcoin. The long bitcoin position remains, but it has been reduced by half to $ 439 million. In total, the trader is already $ 4.4 million, and his position in Bitcoin is still shaken by a loss of -4.12 million dollars.

Bitcoin price chart from Tradingview.com
BTC trading in a narrow area source: BTCUSD on Tradingview.com

The graph from Tradingview.com

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