James Wynn liquidated after making a 93x short-term profit, earnings drop from $940,000 to $160,000

Foresight News reported that, according to on-chain analyst Yu Jin's monitoring, crypto trader James Wynn grew his $10,000 capital to $940,000 during the recent market rebound by using a floating profit rolling position strategy. Due to his use of a high-leverage rolling position trading strategy, his liquidation price was very close to the market price. After bitcoin experienced a pullback last night, James Wynn's position was liquidated, and his profit shrank from $940,000 to $160,000.