Bitcoin Trader James Wynn Opens 40x BTC Long, Realizes $231K Floating Profit as Wallet Reaches $1.86M

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

COINOTAG News, citing Onchain Lens data, notes that on December 3 a trader identified as James Wynn initiated a BTC long position using 40x leverage. The trade is currently generating a floating profit of approximately $231,000, with the wallet’s aggregate unrealized gains near $1.86 million.

This high-leverage setup underscores the risk-reward dynamics shaping crypto markets, where sharp moves can quickly expand or erode gains. Readers should treat these figures as a snapshot tied to a single account rather than a market-wide signal, and monitor prudent risk controls and margin requirements as BTC volatility persists.

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