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Mystery whale opens $300M leveraged Bitcoin bet: James Wynn alt account?

cryptoweekly by cryptoweekly
June 10, 2025
in bitcoin, News
0

The mysterious $300 million leveraged Bitcoin long comes days after Wynn’s second $100 million leveraged Bitcoin position was liquidated, causing a near $25 million loss.

A mystery investor has opened a $300 million leveraged Bitcoin position, fueling speculation around their identity.

The unknown whale, or large cryptocurrency holder, opened a 20x leveraged Bitcoin (BTC) long position worth over $308 million at the entry price of $108,100, Hypurrscan blockchain data shows.

The position currently shows an unrealized profit of more than $4 million and faces liquidation if Bitcoin drops below $105,780.

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