BTC Whale Holds $2.72 Billion Long Position with 30x Leverage Amid Market Watch

COINOTAG News reports that as of June 1st, data from The Data Nerd reveals a noteworthy **high-leverage long position** held by a significant player, commonly known as a whale, following James Wynn on Hyperliquid. This particular **position is valued at $2.72 billion**, comprised of a **BTC/ETH pairing**. The whale’s **BTC long position** is extraordinarily leveraged at over 30x, with a **liquidation price set at $94,766**. Meanwhile, the **ETH long position** demonstrates a leverage of more than 25x, featuring a liquidation price of **$1,984**. Such high stakes in the cryptocurrency market highlight the intense strategies employed by experienced investors, emphasizing the potential risks and rewards associated with leveraged trading in volatile environments.