James held a losing position against the "insider trader" for 23 days and increased the position again nearly 5 million U to short BTC 5 hours ago.

On June 13, according to on-chain data analyst Yu Jin's monitoring, the "insider trader" (AKA, not conclusive evidence) address that opened a counterparty short order with James Wynn at the end of May has once again increased its BTC short order 5 hours ago. It is reported that this address opened a 40x BTC short order on May 21, using 7.3 million USDC as Margin to short 40 BTC, with an entry price of $107,192. After that, BTC started to pump, and its short order was continuously liquidated, reducing position, but it has never closed position to admit defeat. It transferred $4.97 million to Hyperliquid 5 hours ago to continue increasing the position for shorting. Currently, its position is valued at $115 million. Entry price $107,766, liquidation price $110,826, but since this position used a total Margin of $12.27 million, and the current net value of the position is $9.16 million, it is still facing unrealized losses of $3.11 million.