Data: Bitcoin's sharp drop has caused whale James Wynn to lose $3 million in principal

ChainCatcher news reports that according to Ember monitoring, BTC whale James Wynn has suffered significant losses due to high leverage operations. His opening price was $108,334, and the liquidation price was $106,314, with a leverage ratio as high as 40 times. Around 12:40, the BTC price briefly spiked near his liquidation line (approximately $107,000), forcing him to partially stop-loss to lower the liquidation line, resulting in a single loss of $2.95 million.

Currently, James Wynn has given back all of his $87 million profit and has lost $3 million of his principal. His current position is 4,604 BTC, with a total value of approximately $496 million.