Bitcoin's Short-term Plunge: Whale James Wynn's 40x Long Position Turns Loss Again

According to a report by Jinse Finance, Bitcoin has dropped by 0.83% in the past hour, falling below $106,000, and is currently priced at $105,582. Additionally, according to on-chain information, the whale James Wynn's 40x long position, after briefly being in profit, has turned into a loss again, with a current floating loss of $252,600.