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A well-known trader liquidated his long BTC position and made a profit of $360,000 and turned to open a short position
On July 17, according to the data platform, contract trader James Wynn closed his long position in BTC (40x), making a profit of $368,120, and opened a short position in BTC (40x).
However, during this period, he faced a loss of 129,678 dollars due to opening a HYPE (10x) long position.