"Bankrupt" trader James Wynn opens a new 40x leveraged BTC long position; last week he predicted BTC would drop to $67,000 within the week.

BlockBeats News, December 2, according to HyperInsight monitoring, in the past 12 hours, James Wynn's address (0x8da) opened a BTC long position with 40x leverage at an average price of $85,400, with a position size of about $2.95 million, currently with an unrealized profit of $57,000 (77%). Over the past week, multiple attempts to go long on BTC and ETH have resulted in losses. Previously, on November 25, James Wynn posted a bearish prediction on X, stating that bitcoin might fall to $67,000 that week.

According to further monitoring, another previously used public address (0x507) has had its account funds withdrawn to zero. Previously, after James Wynn warned the community on November 10 that BTC had fallen to $92,000, this address subsequently opened two BTC short positions, both of which were liquidated, resulting in a loss of about $100,000.