James Wynn, a whale trader on the decentralized exchange Hyperliquid (HYPE), has reportedly returned to the market with a high-leverage position after previously stating he would step back from perpetual trading. According to on-chain analyst @ai_9684xtpa, Wynn has opened a 40x long position on Bitcoin (BTC). His current holdings amount to 944.93 BTC ($100 million) with an entry price of $105,890.30 and a liquidation threshold at $104,580. He was previously reported to have been forcibly liquidated on a position worth approximately $100 million.
Hyperliquid whale opens 40x BTC long after announcing exit from perps
Sector:
Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share
Relevant content