Whale James Wynn Liquidates Long Positions in ETH and SUI Amid Market Pullback, While BTC Position Surges to $1.188 Billion

Whale James Wynn Liquidates Long Positions in ETH and SUI Amid Market Pullback, While BTC Position Surges to $1.188 Billion

The post Whale James Wynn Liquidates Long Positions in ETH and SUI Amid Market Pullback, While BTC Position Surges to $1.188 Billion appeared on BitcoinEthereumNews.com. On May 24th, COINOTAG News reported significant movements in the crypto market, particularly involving major whale investor James Wynn. As market pressures persist, Wynn has executed the liquidation of his long positions in Ethereum (ETH) and Sui (SUI). Through meticulous analys…

Bitcoin whale James Wynn pushes 40x long position to $1.07 billion

James Wynn, a pseudonymous crypto trader known for swinging massive positions on-chain, has expanded his Bitcoin long bet to $1.07 billion using 40x leverage on Hyperliquid, the decentralized derivatives platform. The final scale-up was shared by James via X on Friday, with a screenshot that showed the total exposure was pegged at 974.44634 BTC, entered at around $109,000 per coin. The size of the position in satoshis (1,073,912,068.95) is a fig…

A major hack? No big deal. Hyperliquid carbide, HYPE blazes and a trader breaks his 40x lever bank. Crypto, it's not for the timores. The Hyperliquid article: More than 9 billion $ of open interest and a hype in full explosion appeared first on Cointribune.