James Wynn has made a significant move in the cryptocurrency market by opening a 20x short on 1.33 BTC at $103K. The liquidation price for this trade is set at $80,483.47 via Hyperliquid.
The current Bitcoin price sits at $77,565.99, which falls within the Bollinger band between $76,792.37 support and $80,700.5 resistance.
The 50-EMA holds above the 200-EMA at $70,181.24, but the MACD death cross signals a fading momentum in the market.
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