Summary
- James Wynn has reportedly lost most of the profits he earned from Hyperliquid.
- Lookonchain revealed that the over $87 million profit he made in the past 70 days disappeared in just 5 days.
- James Wynn attracted market attention by establishing a 40x long position in Bitcoin worth 5676BTC.
James Wynn, known as a whale on the decentralized futures exchange (DEX) Hyperliquid (HYPE), has reportedly lost most of the profits he gained over the past 70 days.
On the 28th (local time), Lookonchain revealed on X (formerly Twitter) that "James Wynn has lost most of the profits he earned from Hyperliquid," stating, "He made over $87 million in the past 70 days, but most of it disappeared in just 5 days."
Previously, the day before, James Wynn attracted market attention by establishing a 40x long position in Bitcoin worth 5676BTC ($622.6 million).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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