Bitcoin 40x Short by ‘Bankruptcy Whale’ James Wynn Partially Liquidated as BTC Stands at $103,381

COINOTAG News, citing HyperInsight, reports that the so‑called ‘Bankruptcy Whale’ James Wynn has had a 40x Bitcoin short position partially liquidated. The remaining exposure stands at roughly $2 million, with an entry price of $101,745.6 and a liquidation trigger at $104,022.7. At the time of writing, BTC trades near $103,381, signaling ongoing volatility in the crypto derivatives space.

Partial liquidation demonstrates risk management in a high‑leverage play, trimming downside while preserving residual exposure. With the current price between the entry and the liquidation threshold, intraday moves can still pressure margins. Traders will watch order flow, funding rates, and liquidity as they assess similar whale positions.

From a market‑structure perspective, this development highlights how leverage and liquidity shape crypto sentiment. The figures reflect conditions observed on November 9 and are intended as a factual snapshot rather than a price forecast, offering investors a data point for risk‑aware decision making in Bitcoin markets.