#数字货币市场回调 The trader James Wynn, who calls himself "bankrupt", has recently made a big move - on-chain data shows that in the past half day, his Wallet Address 0x8da opened a 40x leveraged long order on BTC.

Specifically, this position was established at an average price of around $85,400, with a total scale of approximately $2.95 million. So far, the unrealized profit has reached $57,000, with a return rate close to 77%. However, interestingly, his multiple attempts to go long on BTC and ETH in the past week have almost all resulted in failure.

More intriguing details appeared on the timeline. Just last week on November 25, James Wynn publicly expressed a bearish outlook on social media, claiming that Bitcoin might plummet to $67,000 that week. Now he has flipped to a long order; is this a case of admitting he was wrong or a play of self-contradiction?

Looking back at the transaction history, it can be found that his other commonly used Address 0x507 has already been cleared of funds. This Address made two short orders for BTC( on November 10, when he told the community that BTC would drop below $92,000), and ultimately faced liquidation, losing around $100,000. The stimulation and risks of high leverage are vividly reflected in his case.