Whale James Wynn has reduced his position by 3688 BTC in the past hour and a half, with his position now standing at $430 million.

BlockBeats News, May 21st, according to on-chain analyst Rongjian, in just an hour and a half, whale James Wynn liquidated a $400 million position, reducing holdings by 3,688 BTC. He brought his position down from $830 million to the current $430 million. During the liquidation, the BTC price retraced by about $1,000 from $107,500.

Yesterday, as the BTC price retraced to near his entry price, he stopped reducing his position and started adding to his long position again.