Summary
- James Wynne, known as a whale on Haiperikwideu (HYPE), reportedly opened a 40x leveraged Bitcoin (BTC) long position.
- The position was stated to be around 944.93BTC (about $100 million) in size, with an entry price of $105,890 and a liquidation price of $104,580.
- Attention is focused on the fact that James Wynne rebuilt a large position just 2 hours after declaring a rest, following a $17.5 million loss.
James Wynne, known as a whale on the decentralized futures exchange (DEX) Haiperikwideu (HYPE), has established a 40x leveraged Bitcoin (BTC) long position.
On the 2nd (local time), crypto asset (cryptocurrency) analyst ai_9684xtpa stated on X (formerly Twitter) that "Haiperikwideu whale James Wynne has opened a 40x leveraged Bitcoin long position, amounting to approximately 944.93BTC (around $100 million)." The entry price was $105,890, and the liquidation price was $104,580.
Notably, he rebuilt his position just two hours after announcing a rest, drawing attention. Previously, James Wynne had stated on X, "I turned about $4 million into $100 million. But eventually, it all disappeared, and I suffered a total loss of $17.5 million," adding, "I decided to temporarily stop trading futures."
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
![[Exclusive] KakaoBank meets with global custody heavyweight…possible stablecoin partnership](https://media.bloomingbit.io/PROD/news/a954cd68-58b5-4033-9c8b-39f2c3803242.webp?w=250)
