Leverage 'whale' James Wynn, 25x Ethereum long position fully liquidated

Source
Minseung Kang

Summary

  • Hyperliquid-based trader James Wynn was fully liquidated from a 25x leveraged Ethereum (ETH) long position.
  • The loss from this liquidation amounted to about $10,025.
  • An onchain data analyst evaluated that James Wynn has recently experienced repeated ETH long position liquidations.
Photo = OnchainLens X capture
Photo = OnchainLens X capture

The 'whale' trader James Wynn on Hyperliquid (Hyperliquid), a crypto derivatives exchange, was confirmed to have been fully liquidated from a 25x leveraged Ethereum (ETH) long position. The loss amounted to about $10,025.

On the 5th, onchain data analyst OnchainLens said via X (formerly Twitter), "James Wynn was completely liquidated from a 25x leveraged ETH long position," and "he lost about $10,025 (about 13,910,000 won) on this position."

Previously, James Wynn had suffered consecutive losses, with his ETH long positions being forcibly liquidated six times in a row. At the time, OnchainLens evaluated his trading pattern as "practically acting as a market top signal."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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