James Wynn Opens $1B Bitcoin Short, Saylor Hints At Another Buy

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A crypto dealer on the platform Hyperliquid named James Wynn has opened an almost $1 billion brief guess in opposition to Bitcoin with 40x leverage, whereas Michael Saylor hints at one other Technique BTC purchase.

Based on a Could 25 X put up by on-chain analytics platform Lookonchain, Wynn “opened a $BTC brief place of 1,038.7 $BTC($111.8M) at $107,711.1 an hour in the past, with a liquidation value of $149,100.”

With this latest commerce, Wynn has put nearly his complete pockets, which holds practically $50 million, on the road.

Wynn Closes His Huge Bitcoin Lengthy Place At A Loss

The transfer by Wynn comes simply hours after the dealer closed an enormous lengthy guess.

With that lengthy guess, Wynn opened a $1.25 billion place with 40x leverage as properly. He even predicted that Bitcoin would soar to $110K on Could 24 Saturday.

I feel $BTC shoots to $110k immediately

— James Wynn 🐳 (@JamesWynnReal) May 24, 2025

Nonetheless, Bitcoin’s value solely rose from round $107,300 to about $108,000 on Saturday. This prompted Wynn to chop his losses on the place, which, in accordance to Lookonchain, stood at roughly $13.4 million.

Saylor Teases One other Technique Bitcoin Purchase

Whereas Wynn bets in opposition to Bitcoin, Technique co-founder Saylor has teased yet one more Bitcoin buy by his agency even after the main crypto pulled again from the all-time excessive (ATH) of $111,907.17 it set on Could 22.

I solely purchase bitcoin with cash I am unable to afford to lose. pic.twitter.com/h7pnFB8yvU

— Michael Saylor (@saylor) May 25, 2025

“I solely purchase Bitcoin with cash I can’t afford to lose,” Saylor wrote to his 4.3 million X followers in a Could 25 put up. He additionally included a snapshot of the SaylorTracker chart within the put up.

Over the previous few weeks, Saylor’s posts that included the SaylorTracker chart have been adopted by an announcement of a brand new Technique Bitcoin buy. If the agency does announce one other purchase immediately, it received’t solely increase its present holdings of 576,230 BTC, it is going to additionally mark the corporate’s seventh consecutive week of Bitcoin purchases.