As Bitcoin Declines... Hyperliquid Whale 'Liquidated for $99 Million'

JOON HYOUNG LEE

Summary

Due to the decline in Bitcoin prices, Hyperliquid whale James Wynn reportedly suffered significant losses.
Onchain Lens announced that James Wynn was forcibly liquidated for about $99.3 million.
It has been reported that over the past week, James Wynn has lost over $99 million.

Amid the decline in Bitcoin (BTC) prices, the major Hyperliquid (HYPE) whale (large investor) James Wynn reportedly suffered significant losses.

Onchain analysis platform Onchain Lens announced via its official X account on the 30th, "James Wynn was just forcibly liquidated for $99.3 million (approximately ₩140 billion)."

James Wynn faced such large-scale liquidation because Bitcoin’s price at one point during the session fell below $105,000. Onchain Lens also reported, "Over the past week, James Wynn has lost more than $99 million."

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