HyperLiquid Whale Expands Bitcoin Long Position… "Over $530 Million"

Source
JOON HYOUNG LEE

Summary

  • James Wynn of HyperLiquid has significantly expanded his Bitcoin long position from $200 million to over $529 million.
  • According to the on-chain analysis platform operator OnChainLens, James Wynn has recorded a loss of $20.77 million in his long position trade.
  • It was explained that Wynn's current long position carries an unrealized loss of $2.5 million.

HyperLiquid (HYPE) whale (large investor) James Wynn has significantly expanded his Bitcoin long position.

On-chain analysis platform OnChainLens announced on its official X account on the 29th, "James Wynn has increased his Bitcoin long position from $200 million to over $529 million."

OnChainLens stated, "James Wynn has recorded a loss of $20.77 million in this trade so far," and added, "The current unrealized loss is around $2.5 million."

publisher img

JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
What did you think of the article you just read?