James Wynn's Bitcoin long increased to about 7,307.45 BTC, worth more than $800 million

PANews reported on May 27 that on-chain data shows that trader James Wynn continues to increase his position in Bitcoin longs, and currently holds 7307.44982 BTC in his contract, worth about $802 million, at a liquidation price of $108,620.

He also tweeted tonight that BTC's current breakout market verifies that its bullish judgment remains unchanged, and it is expected to still hit $118,000 this week. He highlighted that his personal portfolio, which had lost $60 million in an earlier decline, has now rebounded strongly back to hundreds of millions of dollars, and derided critics for "just watching the rise in huge fortunes."

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