James Wynn closed a 40x leverage Bitcoin short position, earning a profit of $30,000, and subsequently opened a 50x leverage S&P 500 short position.

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BlockBeats News, June 25th, according to OnchainLens data, James Wynn has closed his 40x leveraged Bitcoin (BTC) short position, realizing a profit of about $30,000.

Subsequently, James Wynn opened a new 50x leveraged S&P 500 Index (SP500) short position at a price of 334.42, betting on a bearish trend in the U.S. stock market.

來源：BlockBeats

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The crypto market came under pressure as a result of a tech stock sell-off, with Bitcoin dropping to a new low not seen since October 2024.

Yesterday, the US Spot Bitcoin ETF saw a net outflow of $469 million, while the Ethereum ETF saw a net outflow of $30.3 million.

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