Summary
- On-chain analyst EmberCN stated that Hyperliquid whale James Wynn expanded his Bitcoin (BTC) long position to $140 million.
- The unrealized profit of the position is $838,000, with an average entry price of $106,047 and a liquidation price of $104,815.
- James Wynn was previously reported to have experienced a forced liquidation of $100 million.
On the 3rd (local time), on-chain analyst EmberCN announced via X (formerly Twitter) that Hyperliquid (HYPE) whale (large investor) James Wynn has just expanded his 40x leveraged Bitcoin (BTC) long position to $140 million.
The current unrealized profit is $838,000. The average entry price is $106,047, and the liquidation price is $104,815.
Previously, he was reportedly forcibly liquidated for an asset position of $100 million.
Meanwhile, as of 01:09 on the 4th, BTC is trading at $106,416.29 on the Binance Tether (USDT) market, up 1.99% from the previous day.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
