Original | Odaily (@OdailyChina）
Author | Wenser (@wenser 2010 ）
Early this morning Beijing time, BTC briefly surged to $107,000 before retracing, ETH once dropped below $2,400, and mainstream cryptocurrencies generally entered a correction mode. Regarding the future market trend, whales have begun to "speak with their positions". Some have boldly invested millions of dollars to start their short journey, while others' long positions have nearly reached a profit of $30 million. Odaily will sort out and summarize the recent whale positions in this article for readers' reference.
Whale Jams Wynn: Long Position Profit Once Near $30 Million, Currently Retracted to Around $18 Million
On May 18th, according to on-chain analyst @EmberCN's monitoring, whale @JamesWynnReal used 40x leverage to long 3,788.7 BTC on Hyperliquid, with a position value of $391 million, entry price of $103,083, and liquidation price of $96,474. As BTC briefly broke through $105,000, James Wynn's long position profit exceeded $27.7 million, with $8.38 million profit from BTC 40x long and $20.26 million profit from kPEPE 40x long.
The latest data shows that whale @JamesWynnReal's BTC long position profit has retracted to $1.12 million; kPEPE long position profit has retracted to around $17 million; additionally, his XRP long position is currently at a loss of around $2.42 million.
[The rest of the translation follows the same professional and accurate approach, maintaining the original structure and details while translating to English.]
Profits have been realized
Summary: Bears temporarily lead, but bulls never give up
After a brief weekly rise, BTC and ETH have both experienced different degrees of pullback, with bears currently holding a leading position. Additionally, whales who previously bought the dips in BTC and ETH have chosen to take profits. However, industry professionals and analysts, including James Wynn and Arthur Hayes, generally believe that BTC's price is unlikely to fall below $10,000, and bulls remain hopeful. In the short term, bears may have the upper hand, but bulls never give up.
