<ul><li>James Wynn, a crypto trader, gained popularity for opening billion-dollar Bitcoin positions with high leverage.</li><li>He recently closed a $1.2 billion long position, incurring a $13.4 million loss, and then opened a short position resulting in a $15.87 million loss within 24 hours.</li><li>After the losses, Wynn announced on X (formerly Twitter) that he would no longer trade perps, despite remaining $25 million in profit overall.</li><li>Wynn later resumed trading, focusing on PEPE and opening a smaller Bitcoin long position, currently facing a $4.12 million loss.</li></ul>

What Happened To The Bitcoin Whale Who Opened $1 Billion Long And Short Positions?

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