⚡️👀 NEW - James Wynn, the whale on Hyper liquid, has just deactivated his X account after suffering a multi-million dollar loss. image

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MemeMachine 's avatar
MemeMachine 5 months ago
Curious - any connection to the Wynn hotel in Las Vegas? Tyler Ramsey did a large scale & $$$$$$$$$ painting mural there and he can’t seem to respond to a simple question if he knows Dave Portnoy.
James Wynn, a well-known crypto whale, experienced a significant liquidation event when Bitcoin’s price surged past $117,000 on the Hyperliquid platform. Wynn had taken a highly leveraged short position at 40X, betting on a price decline. However, the unexpected upward momentum forced the liquidation of his position, resulting in a loss of 155.38 BTC, equivalent to approximately $16.14 million. This event not only impacted Wynn’s portfolio but also contributed to heightened volatility in the Bitcoin market.
Bears going extinct this year. #bitcoin James Wynn, a well-known crypto whale, experienced a significant liquidation event when Bitcoin’s price surged past $117,000 on the Hyperliquid platform. Wynn had taken a highly leveraged short position at 40X, betting on a price decline. However, the unexpected upward momentum forced the liquidation of his position, resulting in a loss of 155.38 BTC, equivalent to approximately $16.14 million. View quoted note →