Summary
- James Win, a whale on the decentralized futures exchange HyperLiquid, reportedly partially liquidated his long position due to Bitcoin's price decline.
- He confirmed a partial loss of $4.75 million, with a total loss of $14.3 million throughout the day.
- James Win had previously attracted market attention by building a long position of 5,676 BTC, with his liquidation price known to be $108,010.
James Win, known as a whale on the decentralized futures exchange HyperLiquid (HYPE), has reportedly partially liquidated his 40x long (buy) position on Bitcoin (BTC).
On the 27th (local time), Lookonchain stated on X (formerly Twitter), "Just now, Bitcoin fell below $108,300, threatening James Win's long position," adding, "He partially liquidated his long position, recording a loss of approximately $4.75 million." It further stated, "James Win confirmed a total loss of $14.3 million throughout the day."
Previously, James Win had attracted market attention by building a long position of 5,676 BTC ($622.6 million). His liquidation price was known to be $108,010.
As of 11:57 PM, Bitcoin is trading at $109,287 on the Binance USDT market, down 0.33% from 24 hours ago.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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