'Leverage Whale' James Wan Closes Long Position on Hyperliquid, Switches Back to Short Position

Uk Jin

Summary

It was reported that famous Hyperliquid (HYPE) whale James Wan closed his Bitcoin (BTC) long position after about 5 hours.
James Wan reportedly incurred a loss of $85.92 in his long position using 40x leverage.
He announced that after closing the long position, he initiated a Bitcoin short position with 40x leverage.

Famous Hyperliquid (HYPE) whale James Wan closed his long position (bullish bet) just about 5 hours after opening it.

According to Onchain Lens on the 9th (KST), James Wan closed his 40x leverage Bitcoin (BTC) long position after incurring a loss of $85.92.

Subsequently, he opened a Bitcoin short position (bearish bet) with 40x leverage.

Uk Jin

PiCK News