James Wynn takes profit at a high level on Bitcoin and shifts to Ethereum, cashing out at $87,000, signaling clear capital rotation.

As Bitcoin price repeatedly tests the $90,000 threshold, well-known cryptocurrency trader James Wynn has once again attracted market attention with precise operations. On-chain data shows that Wynn recently closed his Bitcoin long positions, successfully realizing a profit of approximately $87,000, and quickly shifted funds into Ethereum, opening high-leverage long positions, signaling clear capital rotation.

According to data disclosed by Onchain Lens, James Wynn sold about 87.67 BTC at an average price of approximately $92,765, completing his long position closure. After deducting relevant fees, this transaction brought him a net profit of about $43,790. Combined with some of his previous position adjustments, his overall Bitcoin trading profit is approximately $87,000.

Previously, James Wynn quickly increased his long positions when Bitcoin broke through $93,000, holding a maximum of 124.18 BTC with leverage of up to 40 times, a position worth about $11.5 million, with an average entry price close to $91,332. His decision to take profits at this high level was interpreted by the market as a typical profit-taking and risk management move, rather than a bearish outlook on Bitcoin.

Notably, after closing his BTC positions, Wynn did not choose to wait on the sidelines but quickly shifted his focus to Ethereum. He opened ETH long positions with 25x leverage, demonstrating strong confidence in Ethereum’s short-term price trend. Currently, Ethereum is trading around $3,254, in a key technical zone, with the market generally watching whether it has further upside potential.

In addition to mainstream assets, James Wynn’s布局 in Meme coins has also sparked discussion. It is reported that he still holds a 10x leveraged long position in PEPE, with floating profits of about $172,000. This strategy indicates that his trading logic is not limited to Bitcoin and Ethereum but also actively seeks excess returns from highly volatile assets.

Overall, Wynn’s recent operations reflect a typical high-frequency capital rotation strategy: locking in profits at key Bitcoin resistance levels while increasing positions in Ethereum and some Meme coins, betting on market hot spots switching. For the market, this movement is also seen as a potential short-term signal of “BTC volatility and rising ETH activity.”