A Whale and James Wynn's Reverse Operation "Picking Up Corpses" Results in Over $17 Million Profit Reversal
According to Odaily Planet Daily, Ember monitoring reported that a certain whale opened a long position to "pick up the pieces" after a liquidation at James Wynn's position, and two and a half hours ago, they closed the position, giving back a profit of $17.08 million.
Twice, after a liquidation at James Wynn's position, he opened long positions in BTC and ETH, aiming to "pick up the pieces": at midnight yesterday, James Wynn's position was liquidated, and he opened a long position; at 1 a.m. today, James Wynn's position was liquidated and closed, and he increased his long position. However, as prices continued to fall, two and a half hours ago, he chose to close the position at a loss. This resulted in a loss of $17.08 million from this long position. After this profit giveback, his earnings over the past 21 days decreased from $30 million to $13 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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