Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long 💰
Hyperliquid trader James Wynn is making headlines with his audacious $1.25 billion Bitcoin long position, leveraging 40x. Known for his recent $25.2 million profit on $PEPE, Wynn increased his Bitcoin stakes after incurring losses with Ether and Sui trades. As of May 24, his BTC position is 11,588 with a heightened leverage.
Despite Wynn's recent setback following former President Trump's tariff announcement affecting Bitcoin prices, he maintains a positive overall gain of $57 million and $46 million over the past month. His trading maneuvers demonstrate his high-risk appetite in the volatile crypto markets.
Wynn, described as a high-risk leverage trader and a memecoin enthusiast, began utilizing Hyperliquid two months ago. He deposited $4.65 million USDC on the platform, showcasing his daring strategies in expanding his trading horizons with increased exposure.
With Bitcoin trading near $109,000, Wynn's strategy could face challenges if the market turns bearish, emphasizing the risks involved in his leveraged trading exposures.
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