Hyperliquid Trader Closes $1B Leveraged Bitcoin Short at $13.4M Loss

Hyperliquid Trader Closes $1B Leveraged Bitcoin Short at $13.4M Loss

James Wynn, a prominent trader on decentralized exchange Hyperliquid, became the talk of the crypto trading community after dramatically reversing his stance on Bitcoin. Wynn closed a $1.2 billion long position and opened a $1 billion short position within a day, only to close that position at a $13.4 million loss. His new short was a highly leveraged 40x position with a liquidation price set at $110,450. He opened the trade betting on a lower b…

The full breakdown of James Wynn’s $1B Bitcoin positions — and how it all fell apart

What happens when Bitcoin doesn’t follow the script, and a trader like James Wynn is already deep into a leveraged bet he can’t easily escape? James Wynn Bitcoin trade spirals into a $60M wipeout James Wynn, a well-known high-leverage crypto…

Bitcoin markets were rocked this week by the dramatic shift by prominent trader James Wynn, who turned a $1.25 billion long position into a short position as BTC fell below $108,000. The move, triggered by renewed concerns about US tariffs under the Trump presidency, reflects growing anxiety about global market stability. But for cloud mining users on platforms like SIX MINING, the story doesn't end there. Moreover, market observers have pointed…

James Wynn's Bitcoin Short Position Reaches $1B As He Turns Ultra Bearish

James Wynn is making a U-turn with his Bitcoin gamble. After closing his $1.2B BTC long position, he opened a massive Bitcoin short position of $1 Billion. As per the latest data, he has closed all his short positions at a a massive loss of $15 Million. James Wynn Bets Against A Bitcoin Rally With $1B Short Earlier today James Wynn turned bearish with a $111.8 million short position on 1,038 BTC hours after closing his previous long position. Ac…