Large Investors' Position was liquidated but still maintain a bullish outlook on BTC and PEPE with a value of 34 million USD.

According to monitoring data, an investor named James Wynn had part of his Bitcoin and PEPE long positions liquidated. Nevertheless, he still maintains a considerable position. Currently, his Bitcoin long position is valued at approximately $28 million, with a leverage of 40x; the value of his PEPE long position is about $6 million.

The day before, there were reports that this on-chain whale had accumulated about 344.7 Ether through multiple addresses, worth nearly $900,000. He transferred these funds to a trading platform and exchanged $500,000 of it for USDC. Subsequently, these funds were transferred to the Hyperliquid platform to open long positions in Bitcoin.

This series of operations reflects the proactive positioning of large holders in the cryptocurrency market. Despite facing some liquidations, they still maintain a considerable scale of long positions. This investment behavior may indicate an optimistic expectation for the future trend of the market, but it also exposes the risks of high-leverage trading. In the highly volatile cryptocurrency market, investors need to carefully manage risks to cope with potential market fluctuations.