Crypto Whale Cashes Out: Trader Nets $4.5M Bitcoin Windfall

Another day, another trader playing hot potato with volatility—only this time, they’re walking away with a seven-figure score.

James Wynn just unloaded a major BTC position, pocketing $4.5 million in profit. The move comes as Bitcoin flirts with resistance levels—because why hold when you can book gains and let the next sucker chase the pump?

Timing the market beats time in the market… until it doesn’t. But for now, add this to the ledger of ‘told-you-so’ moments in crypto’s casino economy.

Popular crypto trader James Wynn surprised the market today after closing a large portion of his Bitcoin (BTC) long position, making headlines across the trading world.

Top trader @JamesWynnReal is closing his $BTC long positions.

He has closed 2,561 $BTC($273.5M) in the past 40 minutes, realizing a profit of $4.5M.

During this time, $BTC dropped by 1%.

He still holds a long position of 5,203 $BTC($554.6M), with an unrealized profit of $8M.… pic.twitter.com/sO6oLfv4tG

Amid lots of interest, James Wynn placed 2,561 BTC, valued at around $273.5 million, in under 40 minutes. As a result, he made a profit of $4.5 million, further solidifying his reputation as one of the top crypto traders.

Price of Bitcoin Slips and Market Shows Mixed Signals

As soon as Wynn made his decision, the cost of bitcoin dropped about 1%. Even though it’s only a small dip, it’s natural for the market to respond to big moves by people and companies that trade many millions of dollars. Traders everywhere began paying attention, as most now want to see how events unfold.

Different experts interpret Wynn’s MOVE as a shorter-term indicator for the market or just a cash-out from recent profits.

Over Half a Billion Dollars in Bitcoin Is Still Being Held by James Wynn

After selling a major share of his Bitcoin, Wynn still has 5,203. Since he hasn’t sold the coins, the profits amount to around $8 million that he has not cashed in yet. 

It’s unclear at this time what Wynn plans to do. While a few believe he will profit, some others say he is still waiting for a major rise in Bitcoin value. In either scenario, what he achieved this year is already having a major effect.

People in the crypto market are closely following the movement on the charts and James Wynn’s next posts on Twitter.