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Just after Bitcoin hit a new all-time high of $112,000, a bold move caught everyone’s attention. James Wynn, a high-profile crypto trader and risk-taker, has opened a massive short-term Bitcoin trade with 40x leverage. With $1.27 million on the line, Wynn is betting that Bitcoin’s price is about to drop.
But does this mean another correction is coming soon?
James Wynn Short Bitcoin With 40x Leverage
According to Lookonchain, James Wynn just put 27,522 USDC into Hyperliquid and picked up nearly $4,000 in referral rewards. He then used the money to…
