From Cointelegraph

June 10, 2025 09:20 AM:

A mystery investor opens a $300 million leveraged Bitcoin position, sparking speculation about their identity. The position shows a $4 million profit and risks liquidation if Bitcoin falls below $105,780. Speculation points to high-profile trader James Wynn as the possible investor. Wynn recently lost $25 million in a separate liquidation.

After announcing his return under an anonymous account, Wynn opens a second $100 million leveraged Bitcoin position. He claims orchestrated efforts are targeting his liquidation level. Wynn expresses concern about being liquidated and mentions the closure of some personal exchange accounts for unknown reasons.

The $300 million leveraged Bitcoin bet aligns with a wave of institutional breakthroughs for Bitcoin. Corporate treasury activity is expanding, with companies like Strategy increasing their stock offering to fund Bitcoin purchases. Bitcoin ETFs see $386 million in net positive inflows, signaling rising investor sentiment. Structural inflows from ETFs and institutions could help Bitcoin reach $200,000 by 2025.

Read more at Cointelegraph: Bitcoin Whale open $300M leveraged position: James Wynn alt?