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This Trader Bet $1B on Bitcoin, Says Asset Is Dying to Break Out Higher

  • Bitcoin (BTC) reaches new all-time high above $111,900 with traders betting big on its next targets.
  • Trader James Wynn bets $1.1 billion on BTC with 40x leverage on HyperLiquid, increasing his initial bet significantly as BTC price surged.
  • Wynn takes profits along the way, realizing a total of $17 million profit while still sitting on an unrealized profit of at least $14 million.
  • Wynn sees potential for BTC to hit $115,000 to $118,000 target soon and mentions major psychological support at $100,000.

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