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

Source
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.

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Uk Jin

wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
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