Whale James Wynn go make im BTC short bigger, then say crypto go rise small for short time, wey go affect market mood.
One big crypto whale, James Wynn, don add plenty short position for Bitcoin (BTC) to $629 million (5,877 BTC). Him enter average price na $107,061.6 and e go liquidate if e reach $113,270. Right now, him get around $150,000 wey him never cash out as profit. Wynn wey dey use big leverage and say market go fall don show say things dey shake for market and pipu dey feel say market go still fall. Recently, Wynn even change him social media picture to Bruce Lee and talk say crypto market fit rise small for like 24-48 hours, based on wetin him see for technical analysis, wey him post for X. Even though dis no be direct advice to invest money, pipu don dey watch dis big trader well well as him don change him talk. Traders dey follow him movement to see wetin dem go do. As him don change him mind from shorting plenty to say market fit rise small, e mean say market fit shake well well and e fit affect how big companies and small small traders dey play for market now.
Neutral
James Wynn wetin him do show say him get big bearish position for Bitcoin, through big short position, and later him predict say price go rise small for short time using technical analysis. Even though him short suggest say price go fall, him latest public talk show say e fit go up small for near term. Since Wynn get plenty influence, market dey watch him trades and wetin him talk for social media closely, wey fit make price shake for short time. But since him own mind don change from bearish trades to predicting small rally, and no clear direction don show, the overall effect na neutral. Traders go probably dey careful, expecting more shaking-shaking for market instead of clear trend, wey no solidly support up-trend or down-trend for now.