Leading cryptocurrency Bitcoin (BTC) started the new week with an increase after steps were taken to end the 40-day government shutdown in the US.
While these increases also mobilized whales, another ambitious move came from James Wynn, known as the Hyperliquid whale.
Accordingly, James Wynn said that he sold all his cryptocurrency assets and opened a short position in Bitcoin.
Wynn's Bold Prediction and Bet
Massive whale James Wynn, in a post on his X account, said he sold all his cryptocurrency and opened a short position in BTC. At this point, Wynn argued that Bitcoin would fall to the $67,000-$92,000 range.
Wynn added that if he is proven wrong again and his prediction is wrong, he will delete his account forever.
“I sold my entire cryptocurrency portfolio. I deposited all my stablecoins and went short in the last few hours.
Bitcoin price will fall to the $92,000-$67,000 range.
If I'm wrong, I'll delete my account forever.”
Wynn's Trading History and Previous Investments
While Wynn made an ambitious prediction and post, Lookonchain reported that, according to data, Wynn has been liquidated a total of 12 times in the last 12 hours and 45 times in the last two months.
James Wynn recently announced that he decided to invest a significant portion of his portfolio in XRP.