James Wynn was liquidated soon after switching from a short Bitcoin position to a long one, according to on-chain tracker Lookonchain. The position totaled 1.86 BTC and was valued at about $147,000. Lookonchain said the liquidation happened shortly after Wynn changed direction on the trade yesterday. The update points to a quick reversal for the trader, whose entire long position was wiped out after the move. No additional details on entry price or liquidation level were disclosed in the source post.
James Wynn was liquidated shortly after flipping from short to long on Bitcoin, according to Lookonchain.
Lookonchain said Wynn changed his Bitcoin position yesterday and then saw his entire 1.86 BTC long position liquidated. The position was valued at about $147,000.
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