"Hyperliquid Whale Builds 40x Long Position in Bitcoin After PEPE"

Source
Son Min

Summary

  • OnchainLens revealed that Hyperliquid (HYPE) whale James Wynn has established a 40x long position in Bitcoin.
  • The position size is $18,430,000, with an entry price of $117,069 and a liquidation price of $115,554.
  • James Wynn announced his return to the market by opening a 10x long position in PEPE after deactivating his account.

It has been revealed that James Wynn, known as a whale on the decentralized derivatives exchange Hyperliquid (HYPE), has established a 40x long position in Bitcoin (BTC).

On the 15th (local time), OnchainLens disclosed on X (formerly Twitter), "James Wynn deposited $467,999 into Hyperliquid and then established a 40x long position in Bitcoin, looking as if he has returned to the battlefield." The position size is $18,430,000, with an entry price of $117,069 and a liquidation price of $115,554.

Previously, James Wynn had changed his X profile to 'Bankrupt' and deactivated his account, but today he announced his return by opening a 10x long position in PEPE with $10,000 as collateral.

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Son Min

sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
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