James Wynn uses 40x leverage to go long on Bitcoin, holding a position worth USD 527.00 million

Wu Shuo learned that, according to monitoring by @EmberCN, the whale address James Wynn, after frequent opening and closing of positions yesterday, once again maximized his Bitcoin long leverage at 2 AM. The current position size has reached $527.00 million, which is the limit his current capital can bear. The latest position data is: 40x leverage long on 4,903 $BTC, opening price at $108,339, liquidation price at $106,449, with only a $1,890 difference between them. The risk margin is extremely small, and any slight $BTC price pullback would bring it close to the liquidation line, possibly facing stop-loss and position reduction.