James Wynn Opens $14.6M 25x Long Position on ETH at $3,569.47, Secures $102K Profit
2025-07-19 03:59:36
Main Idea
Prominent trader James Wynn opened a $14.6 million 25x leveraged long position on Ethereum (ETH) at $3,569.47, securing $102,660 in realized profit from his previous trade.
Key Points
1. James Wynn exited his short position on Ethereum and initiated a 25x leveraged long position worth $14.6 million.
2. The entry price for the new position was $3,569.47 per ETH.
3. Wynn realized a profit of $102,660 from his previous trade.
4. The move highlights Ethereum's growing significance in the decentralized finance ecosystem.
Description
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$ETH
$3560.81
-2.16%
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