Hyperliquid Whale James Wynne Urges Support: "Buy Bitcoin to Show Your Solidarity"

James Wynne, known as a whale on the decentralized futures exchange (DEX) Hyperliquid (HYPE), has called for investors' support.

On the 2nd (local time), James Wynne stated on X (formerly Twitter), "Immediately after opening a long position, the hunt for me began. There is a deliberate price movement happening," adding, "If you support this movement or want to stand against corruption, show your support right now by buying Bitcoin."

He continued, "The actions to force my liquidation may not be solely because of my (high leverage) long position," and "Perhaps I was a small player who got involved in the whales’ game, or maybe it’s due to increased interest in Hyperliquid."

He further emphasized that individual investors should take this opportunity to accumulate Bitcoin. He said, "I am the bait to drive Bitcoin’s price down," and "Use their price manipulation against them, and take their Bitcoin."

Meanwhile, James Wynne previously opened a 40x leveraged long position on Bitcoin with a liquidation price of $104,580. Since then, he has continued to inject funds, and his current liquidation price is reported to be around $103,600.

As of 9:43 pm, according to the Binance USDT market, Bitcoin is trading at $104,265, up 0.32% compared to 24 hours ago.