According to TechFlow on June 6, analyst Yu Jin monitored that a certain whale opened long positions to "pick up the corpse" after James Wynn's position was forcibly liquidated, but closed the position at a loss two and a half hours ago, giving back a profit of 17.08 million USD.
He opened long positions on $BTC and $ETH twice after James Wynn's position was forcibly liquidated, aiming to "pick up the corpse": James Wynn's position was liquidated at midnight yesterday, and he opened a long position; at 1 a.m. today, James Wynn's position was liquidated and closed, and he added to his long position.
However, as prices continued to decline, he chose to close the position at a loss two and a half hours ago. This led to a loss of 17.08 million USD on this long position. After this profit reversal, his profit in the last 21 days dropped from 30 million USD to 13 million USD.
According to TechFlow on June 6, analyst Yu Jin monitored that a certain whale opened long positions to "pick up the corpse" after James Wynn's position was forcibly liquidated, but closed the position at a loss two and a half hours ago, giving back a profit of 17.08 million USD.
He opened long positions on BTC and ETH twice after James Wynn's position was forcibly liquidated, aiming to "pick up the corpse": James Wynn's position was liquidated at midnight yesterday, and he opened a long position; at 1 a.m. today, James Wynn's position was liquidated and closed, and he added to his long position.
However, as prices continued to decline, he chose to close the position at a loss two and a half hours ago. This led to a loss of 17.08 million USD on this long position. After this profit reversal, his profit in the last 21 days dropped from 30 million USD to 13 million USD.