Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long
James Wynn has increased his Bitcoin long position to $1.25 billion using 40x leverage after closing a $PEPE position for a $25.2 million profit. He entered an 11,588 BTC position at an average price of $108,243, with a liquidation level of $105,180. Wynn previously exited his Ether and Sui longs at a $5.3 million loss, reallocating funds to Bitcoin. He initially began his Bitcoin position with $830 million on May 21, later increasing it to $1.1 billion as Bitcoin surpassed $110,000, realizing $39 million in paper gains. Wynn sold 540 BTC for $60 million, netting a $1.5 million profit. Following Donald Trump's announcement of a 50% tariff on EU imports, Bitcoin dropped below $107,000, leading to over $29 million in losses for Wynn in one day. Despite this, he remains up more than $57 million overall and $46 million in the past month. Wynn is known as a high-risk leverage trader and has been active on the Hyperliquid platform for two months.
