Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long
Crypto trader James Wynn has significantly increased his Bitcoin long position on Hyperliquid to $1.25 billion using 40x leverage. Wynn previously closed his $PEPE position, making a $25.2 million profit, before entering an 11,588 BTC position at an average price of $108,243. However, he faced a setback with a $29 million loss due to a market downturn caused by Donald Trump's announcement of a 50% tariff on EU imports, which led Bitcoin's price to drop below $107,000. Despite this recent loss, Wynn remains profitable overall, up $57 million across all his trading activities, including a $5.3 million loss from exited Ether and Sui positions. Using Hyperliquid for two months, Wynn started with a $4.65 million stablecoin deposit and is noted for his high-stakes trading strategies, including aggressive leverage that exposes him to volatility.
Source 🔗