Trader James Wynn, who previously opened $1.23 billion worth of bitcoin long positions, now only holds a $110,000 short position.

According to Jinse Finance, on-chain analyst Ember (@EmberCN) monitored that James Wynn (@JamesWynnReal), a perpetual trader who previously opened a $1.23 billion bitcoin long position at the end of May, received a rebate income of 1,854 USDC 25 minutes ago. He then opened a short position of 0.95 bitcoin at a price of $116,026, worth about $111,000. According to the monitoring, after James Wynn lost $108 million in June (including $87 million in profits and $21.77 million in principal), he is currently mainly using rebate income for small trades.