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Trader Who Bet $1B on Bitcoin Opens 3x Leveraged Long on Aster
- Pseudonymous trader James Wynn, known for a significant $1 billion [Bitcoin](https://holder.io/coins/btc/) bet, has made a new leveraged play on ASTER.
- Wynn opened a 3x leveraged long position on ASTER, worth over $16,000, entering at $1.97 with a liquidation level around $1.57.
- The trade might serve as a hedge for another position on ASTER, with Wynn aiming to farm the ASTER airdrop, anticipating it could be substantial in crypto history.
- Previously, Wynn took a $1.2 billion long on Bitcoin using 40x leverage on Hyperliquid, resulting in a $17.5 million loss before switching to a short position.
- His trading activities have netted him $25 million in profit despite high-risk strategies.