ME News reports that, as of July 31 (UTC+8), according to lookonchain monitoring, renowned trader James Wynn (@JamesWynnReal) partially closed his 50x S&P 500 short position four hours ago. The remaining position is now 164.96 shares of xyz:SP500, valued at approximately $1.23 million. The latest closing price for this position was $7,484.48. (Source: BlockBeats)
James Wynn partially closes his 50x S&P 500 short position, with the remaining stake valued at $1.23M
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Summary
James Wynn partially closed his 50x S&P 500 short position on July 31, as tracked by LookonChain. The move followed four hours of trading activity, during which position adjustments reduced his stake to 164.96 shares of xyz:SP500. The remaining position is valued at $1.23 million, based on a closing price of $7,484.48. Position sizing remains a key focus for Wynn, who continues to maintain significant exposure to the index.
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