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James Wynn: Using 40x leverage to go long BTC is not gambling, but rather a way to acquire more BTC before the dollar collapses.
On June 4th, Whale James Wynn posted on social media, “I am trying to exchange inflationary fiat currency for a deflationary real currency (BTC) with a hard cap at 40x leverage, but you all say I’m gambling. Time is of the essence, and speed is crucial. The dollar is collapsing in real-time. I am doing everything I can to acquire as much BTC as possible so that I don’t sink with the ship.”