Large crypto investor sets $ 830 million on rising courses, while Bitcoin reaches new highs

An important crypto investor caused a stir on the derivative market and opened one of the largest long positions that have ever been recorded on a decentralized stock exchange.

According to blockchainData Has opened a wallet, which is connected to the Trader James Wynn, a highly lifted Bitcoin position worth several hundred million dollars-which underlines the renewed trust in the asset in the middle of a changing market dynamics.

The trade, which was discovered on May 21 by the on-chain analyst Embercn, included a levered long position on the hyperliquid platform with a total value of 7.764 BTC, which at the time corresponded about $ 830 million. With a lever of 40x, the investor put his liquidation threshold just under $ 100,330, which indicates a risky but convinced bet on the continuation of the Bitcoin rally.

Shortly after the opening of the trade, Wynn reports on his commitment by half – and thus secured profits of around $ 400 million – before entering the market again when prices swayed near his original entry course. Its positioning signals an optimistic outlook, even if other large players apparently bet against the trend.

While Wynn is expanding his commitment, analysts such as Joao Wedson von Alphractal observe an increase in short positions from other major investors. A trader called Qwatio opened a 40-fold-levered short position worth over $ 88 million, which indicates that the mood among the wealthy participants is still shared.

Bitcoin has recently broken an important resistance and briefly reached $ 109,000, the highest level since the record run in January. According to Sentora, almost 99% of BTC owners are now profit, which reinforces the bullish dynamics.

At the same time, Spot-Bitcoin ETFs based in the USA have sparked great interest and have attracted net inflows of $ 7 billion since April, which indicates accelerated acceptance by institutional investors. Many market observers now believe that this convergence of factors pave the way for an increase over $ 110,000 and could create the requirements for a new all -time high.