'Whale' James Wynn liquidates 40x Bitcoin short...$790,000 remains

Source
JOON HYOUNG LEE

Summary

  • Cryptocurrency whale James Wynn is reported to have liquidated a 40x leveraged short position on Bitcoin.
  • OnchainLens stated that James Wynn also liquidated a 10x leveraged short position on Hyperliquid.
  • OnchainLens reported that James Wynn's current balance stands at approximately $790,000.

Cryptocurrency whale (large investor) James Wynn has reportedly liquidated his Bitcoin (BTC) short position.

The blockchain analytics firm OnchainLens announced on the 17th (local time) via its official X account that "James Wynn has liquidated his 40x leverage short position on Bitcoin and a 10x leverage short position on Hyperliquid (HYPE)."

Previously, on the 15th, James Wynn deposited approximately $470,000 into the decentralized exchange (DEX) Hyperliquid. OnchainLens reported, "His current balance stands at approximately $790,000."

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JOON HYOUNG LEE

gilson@bloomingbit.ioCrypto Journalist based in Seoul
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