James Wynn has sold all his crypto spot holdings and increased his short positions.
Foresight News reported that crypto trader James Wynn has sold all his crypto spot holdings and increased his short positions. "I have sold all my cryptocurrency holdings (except for the long-term bitcoin spot holdings that I will never sell). In the past few hours, I have used all my stablecoins (over 30%) to fully increase my short positions. This is not an exaggeration. This is the most extreme bet I can make. If I go bankrupt, I will withdraw my bitcoin spot and store it in a cold wallet, and deactivate my X account."
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Solana added 22 million euros worth of stablecoins in one week.

SK Hynix plans to distribute special dividends totaling about $12 billion.

$40 billion spent on GPUs! Elon Musk says SpaceX (SPCX.US) off-balance-sheet financing is settled, slams "new cloud" sector will be a bloodbath
Elon Musk stated that SpaceX has completed a $40 billions debt transaction to purchase chips in support of its artificial intelligence (AI) initiatives.

Trump: The $5,000 bonus will be distributed shortly after the midterm elections
