James Wynn's Bitcoin long position reduced to approximately $200 million, resulting in a loss of $55.3 million in the past week

On chain data shows that trader James Wynn has partially reduced his long position in Bitcoin, with a current value of $200 million and a floating loss of approximately $800000. From May 5th to 23rd, its total revenue surged from $5.7 million to $87 million, but has now fallen back to $1.91 million, with a loss of $55.3 million in the past week.