BlockBeats News, May 26th. According to on-chain data analyst Ember Monitor, whale James Wynn liquidated his $1 billion short position in a stop-loss order today from 6:09 to 6:15 Beijing time, resulting in a $15.86 million loss.
Yesterday, James Wynn shorted 9,402 BTC at an average price of $107,069, with a position value of $1 billion and leverage of 40x. At 6:00 this morning, as BTC started to rebound, he decided to execute a stop-loss order at 6:09, closing his $1 billion position in just 6 minutes.
BlockBeats previously reported that Trump stated this morning that the EU has requested an extension to the trade negotiation window and has agreed to extend the deadline to July 9th.
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