BREAKING
250d 20h ago

Whale James Wynn Predicts Imminent Bitcoin All-Time High Amid $126M 40x Long Position

BTC

BTC/USDT

$71,354.77
+3.55%
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
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

Bitcoin continues to attract significant attention from major market participants, exemplified by Whale James Wynn’s recent reaffirmation of a bullish stance. Wynn’s substantial 40x leveraged long position in Bitcoin, valued at around $126 million, underscores his conviction in the cryptocurrency’s upward momentum. The position was initiated at an average price of $106,073.6, with a liquidation threshold set at $104,710, reflecting a tightly managed risk profile. Despite currently facing an unrealized loss near $740,000, Wynn’s commentary highlights a confirmed trend reversal, suggesting a strategic entry point for investors anticipating a potential new all-time high. This development signals growing confidence among high-net-worth traders in Bitcoin’s resilience and long-term value proposition, reinforcing its status as a pivotal asset within the digital finance ecosystem.

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