James Wynn is back in the casino with $50m Bitcoin bet

James Wynn, the high-profile on-chain trader infamous for massive directional bets and equally massive liquidations, is once again back at the center of crypto’s perpetuals casino. After publicly declaring his exit from leverage trading earlier this month, on-chain data shows Wynn has now opened a fresh $50 million long position on Bitcoin (BTC), a striking reversal from his earlier stance, and one that puts him back in the line of fire. According to data tracked via Arkham and Hyperliquid, the new BTC position sits at 437 BTC with 40x leverage, valued at just over $46.1 million at an entry price of $105,560 source: https://finbold.com/james-wynn-is-back-in-the-casino-with-50m-bitcoin-bet/