- Wynn’s $1.23B Bitcoin long bet influences market volatility.
- Projected price range is $118,000 to $121,000.
- Potential for significant market volatility.
James Wynn, an enigmatic crypto trader, anticipates Bitcoin climbing to $118,000-$121,000 by next week while placing significant long bets.
The forecasted Bitcoin price surge underscores broader implications for market dynamics and volatility.
Wynn, a well-known pseudonymous trader, has increased his long position on Bitcoin to $1.23 billion. Utilizing a leverage of 40x, his transactions are primarily conducted on Hyperliquid. His comments on X/Twitter highlight his
Wynn’s position further underscores the industry’s sensitivity to major trading actions and predictions.
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