Bitcoin trader swaps $1.25B long for short as BTC price slides under $108K
Key points:Bitcoin is heading further away from its latest all-time highs as US trade tariffs dictate the mood.Traders are unfazed, arguing that BTC price action can retest even lower levels while maintaining its bull run.Hyperliquid trader James Wynn goes short BTC after closing a long worth $1.25 billion.Bitcoin (BTC) failed to maintain $108,000 into the May 25 weekly close as price action struggled to shake off n…
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