James Wynn increased his Bitcoin short and deposited more margin, according to Whale Insider. The position now totals about $330,061 in notional value at 40x leverage. The account shows a fully short bias with no long exposure.
Platform data indicates the trade is profitable at the snapshot time. The unrealized PnL stands near $1,710, equal to a 20.72% return on equity. The mark price sits around $114,218 versus an opening price near $114,809, which explains the green PnL. Over the last week, perp-only PnL totals about $1,621.
Risk sits high because the setup uses cross margin at 40x. The margin used ratio reads 98.71%, signaling limited buffer. The liquidation price is close, around $115,664.9, while the market trades below it. If price rises toward that level, the position would face rapid stress.
Position details show 100% short exposure and a short value of $330,061.47 against zero longs. Position size is roughly -2.88975 BTC. The account lists margin of about $8,251.54 and recent funding costs near $41.28. The data supports Whale Insider’s note that Wynn increased size and added funds to maintain the short.
In sum, Wynn is pressing a directional bet that Bitcoin will drift lower from current levels. The profit stems from a lower mark price since entry. However, the narrow gap to the liquidation threshold underscores how sensitive a 40x cross position remains to swift upside moves.
Trump-linked insider opens $430M BTC–ETH longs, reversing the signal
In contrast to James Wynn’s 40x Bitcoin short, a trader described as a Trump insider opened fresh long positions worth about $430 million across BTC and ETH. Screens show a ~$238.6M BTC long and a ~$196.0M ETH long with unrealized profits of ~$5.43M and ~$7.39M, respectively. The post also cites a 12/12 win rate and roughly $35M gained in recent days.
Moreover, the entries appear near $111,897 for BTC and $3,965 for ETH, while current marks hover around $114,504 and $4,121. This placement keeps both longs comfortably in the green for now. Funding and momentum would favor the long book if spot grinds higher.
Looking ahead, the split between a public 40x short and a headline $430M long sets up a directional test. If BTC extends above recent highs, the long could compound gains and pressure late shorts. However, if price fades toward the insider’s entries, the advantage could flip quickly, reviving the case for downside follow-through.
