<ul><li>Bitcoin (BTC) has retraced to the $108,000 level after hitting a new all-time high recently.</li><li>Trader James Wynn has made a $1.25 billion BTC long position with 40x leverage, betting on Bitcoin to rise to $121,000 despite recent market volatility.</li><li>Wynn's liquidation price is $105,180, just a 3.5% dip away, but he remains bullish with a target of $118k - $121k for BTC next week.</li><li>Market analysts express concerns about Wynn's trade, while global market turmoil due to President Trump's tariff threats has caused Bitcoin to slip over 3% on Friday, with uncertainty prevailing in the market.</li></ul>

Bitcoin to $121K Next Week? Mega Whale Wynn Bets $1.25B on It

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