According to Hyperinsight monitoring, on January 7th, James Wynn, a well-known investor previously known for high-leverage losses exceeding $100 million, recently made strategic adjustments to his cryptocurrency holdings.
He reduced his leveraged long BTC position to 87.66 BTC (approximately $8.11 million) from 40x leverage, with an average entry price of $92,266.1, currently showing an unrealized profit of $32k.
At the same time, he also cut his 10x leveraged kPEPE long position down to 263,852,157 tokens (approximately $1.72 million), realizing $118k in unrealized gains.
These moves reflect his adaptive approach to navigating market volatility and emphasize a strong focus on risk management.