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Hyperliquid Trader James Wynn Goes ‘All-in’ on $1.25B Bitcoin Long

  • James Wynn, a high-stakes Hyperliquid trader, increased his Bitcoin long position to 11,588 BTC worth $1.25 billion on May 24, 2025.
  • This followed Wynn closing his $PEPE longs with $25.2 million profit and exiting $ETH and $SUI longs at a $5.3 million loss, signaling a shift from altcoins to Bitcoin.
  • Wynn used 40x leverage for his Bitcoin position, with an average entry price near $108,243 and liquidation level at $105,180, heightening risk amid recent market volatility.
  • After a tariff announcement by President Trump on May 23 caused Bitcoin to drop below $107,000, Wynn incurred over $29 million in losses in one day but remains up $57 million overall.
  • Wynn's large leveraged bet places significant market focus on Bitcoin's near-term price movement, as a sharp decline could trigger liquidation and increase volatility across crypto markets.
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Coinfomania broke the news in on Saturday, May 24, 2025.
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