John 1:29

John OWEN Death of Death
If it should be spoken of the world in general, yet nothing could thence be inferred to a universality of individuals. That Christ is he, "the Lamb", that taketh away, beareth, purgeth, pardoneth, as the word is used, 2Sa 24:10 (taketh away by justification that it should not condemn, by sanctification that it should not reign, by glorification that it should not be), "the sin," great sin, original sin, "of the world," common to all, is most certain; but that he taketh it away from, beareth it for, pardoneth it unto, purgeth it out of, all and every man in the world, is not in the least manner intimated in the text, and is in itself exceeding false.

Matthew J Slick
This could be interpreted either in the Arminian or the Calvinist camp. However, if the sins of every individual are actually taken away, then why do any go to hell? After all, aren't all the sins taken away? "Ah," but you say, "they are taken away only if that person believes." The only problem with that is that Jesus' blood is sufficient to cleanse of all sin, even the sin of unbelief. Therefore, even that sin is covered. Remember, it says that the sins were taken away by the cross of Christ, not made possible to be taken away.