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Investor James Wynn's long positions were partially liquidated, still holding $28 million BTC and $6 million PEPE.
According to monitoring data, investor James Wynn's long positions in Bitcoin and PEPE tokens have faced partial liquidation. Nevertheless, he still maintains a considerable amount of holdings. Currently, his long position in Bitcoin is valued at approximately $28 million with a leverage of 40x; the long position in PEPE tokens is valued at around $6 million.
Earlier reports indicated that this active on-chain investor aggregated approximately 344.7 Ethereum (worth about $900,000) through multiple addresses and transferred it to a trading platform. Subsequently, he converted these funds into $500,000 worth of USDC stablecoin and transferred it to a trading platform to open a Bitcoin long positions. This series of operations reflects the investor's optimistic expectations for the Bitcoin market trend.