Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnAISquareMore
James Wynn has sold all his crypto spot holdings and increased his short positions.

James Wynn has sold all his crypto spot holdings and increased his short positions.

ForesightNewsForesightNews2025/11/10 04:52
Show original

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."

0
0

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.

Understand the market, then trade.
Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.
Trade now!

You may also like

"Big Short" Burry opens a position in QXO (QXO.US), betting on building products integration and undervaluation; stock price rises over 7%

Investor Michael Burry disclosed that he has purchased common and preferred shares of QXO (QXO.US), a building products company, citing its integration strategy and the currently depressed stock price. The stock surged 7.2% on Monday.

智通财经2026/09/21 23:36

700,000 new elderly patients join, Eli Lilly (LLY.US) dominates 70%: The first Medicare weight loss drug coverage report released

Dave Ricks, CEO of Eli Lilly (LLY.US), said in an interview on Monday that since Medicare began coverage for obesity drugs in July, 700,000 new elderly patients have started using GLP-1 medications.

智通财经2026/09/21 23:31

Federal Reserve tariff refund survey: Enterprises prefer "hoarding cash" rather than investing or lowering prices, casting doubt on the economic stimulus effect

A Federal Reserve study found that most companies retain tariff rebate funds.

智通财经2026/09/21 23:11