Hyperliquid whale "$100 million liquidated… I'll take a break from derivatives trading"
Summary
- James Win, known as the Hyperliquid whale, announced a temporary suspension of perpetual futures trading.
- James Win revealed that he grew about $4 million to $100 million, but eventually suffered a total loss of $17.5 million.
- He reportedly gave positive remarks about Hyperliquid's service and platform.
James Win, known as a Hyperliquid (HYPE) whale on the decentralized futures exchange (DEX), announced that he is temporarily suspending perpetual futures trading.
On the 2nd (local time), James Win posted on X (formerly Twitter), saying, "I've decided to temporarily stop trading futures," adding, "It has been a really fun journey." He continued, "I turned about $4 million into $100 million. But in the end, (it all disappeared and) I lost a total of $17.5 million," and said, "It's time to go back to where I started."
He also left praise for the Hyperliquid service, saying, "Thank you for Hyperliquid's warm hospitality," and, "The service was perfect and the platform was excellent."
Previously, the Hyperliquid whale had drawn significant industry attention by taking on high-leverage positions in products such as Bitcoin (BTC) and Pepe (PEPE).
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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