High stake betting landed a password trader on the headline. He is known as James Wynn online and has deployed almost $ 1 billion in Bitcoin to rise. He began to build up last week and did not say he would go out.
Bitcoin betting earned $ 1 billion
According to Wynn’s position on X, his position reached about $ 1 billion on May 21. He uses $ 20 million of funds and borrows it, about 40 times larger than his steak. BET is located in Hyperliquid, a distributed exchange where merchants can open their permanent future status. Wynn has already trimmed the size of more than $ 800 million as Bitcoin has already climbed.
According to the Lookonchain data, he has set a “kill switch” of less than $ 103,640, with a price of $ 108,084. Therefore, if Bitcoin is somewhat away, the entire transaction becomes Victor. As of early Thursday, the bet was sitting in a wonderful $ 40 million profits with untamed profits.
Source: HyperDash
Merchant’s past success with Memecoin
Win did not come anywhere. In 2023, he predicted that PEPE MEMECOIN would record $ 4.2 billion in market value. PEPE paid a lot of money when PEPE recorded more than $ 11 billion in December 2024. The wallet tied to “Jwynn.eth” sent $ 7 million in PEPE tokens in May 2024. According to the report, the movement helped to earn eight drawing profits.
Bitcoin just penetrated $ 111,900!
The best merchant @JameswynnrealI used a long location of 40 times of 10,200 $ BTC($ 1.14B) is currently sitting in a profitable profit of more than $ 39 million! https: //t.co/xy0ec0h5cw pic.twitter.com/5ulbeia984
-LOOKONCHAIN (@Lookonchain) May 22, 2025
Big danger related to price drops
His deal is not dangerous. If the bitcoin is less than $ 100,850, the position can be erased. Wynn said he would add more money than liquidation. In the turbulent market, minor reduction can be a forced liquidation, such as cascade. A significant amount of money in the market raises questions. If only a few percent of the price moves in any direction, will there be serious losses?
Market logic prefers this movement
Reportedly, May, when Bitcoin could have won $ 115,000, hit 64% or against it, depending on the polymarket. GEOFF Kendrick of Standard Chartered also has an optimistic view. He predicted that Bitcoin could raise $ 120,000 in the end of July. This prediction is in line with Wynn’s own $ 115,000 to $ 118,000, and shortly after $ 118,000 to $ 122,000.
My little update $ BTC Long location.
Today’s location has been reduced, gaining a profit of about $ 110K -$ 111K.
It looked like a good place for TP, and others seem to be doing the same now.
In my opinion, Bitcoin is dying with a higher escape. My goal is still… pic.twitter.com/BUFWTUQPOU
-James Wynn N (@jameswynnreal) May 22, 2025
Positioning in a shaking market
Bitcoin reached $ 111,800 on May 22, 2025. Merchants who point to rapid profits also warn a fall. The cost of financing can be added on the distributed exchanges. Large orders for hyperklicades can face slipping, which will move the market for Wynn if you try to relax too quickly.
People think of a high level of stupid gambling. But it is supported by my paper. It is a risk of calculated in turn.
The local floor of 74K Bitcoin remains on this channel. If you touch the floor that acts with support… pic.twitter.com/wenpkcwkrg
-James Wynn N (@jameswynnreal) May 20, 2025
Soothing the words of the person who took the danger
Wynn said, “People see this as a high level of gambling, adding that his bet depends on calling him a solid paper: whether he’s right and wrong, he’s admired by the onlookers.
Chart of TradingView, the main image of Unsplash
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