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The summary of this article is summarized by AI to generate Bitcoin (BTC) reached a new all-time high of over $111,900, with trader James Wynn betting $1.1 billion. Despite taking profits, he is aiming for a target of $115,000-$118,000. Bitcoin (BTC) has performed well over the past few days, surpassing its previous all-time high of (ATH) and hitting new highs of over $111,900. While this crypto asset continues to follow this price trajectory, some traders are making big bets on its next target. A pseudonym investor, James Wynn, has staked $1.1 billion on BTC with 40x leverage on HyperLiquid, a decentralized Layer 1 chain