A crypto whale expanded an existing 40x Leverage Long Bitcoin Bet to $ 1.1 billion in the Hyperliquid’s decentralized exchange, which stopped the crypto community and believed that the first position exceeded the $ 1 billion on the platform.
The X account “James Wynn” says it’s behind the position, now up to $ 36 million in trade, Data From the shows to Hypurrscan’s Block Explorer.
A $ 28.4 million margin position was used in many trading to increase Bitcoin (Btc) Position, now worth $ 1.13 billion. The average bitcoin entry price is $ 108,065.
“He did it,” Crypto’s analyst Sigma^2 write to X. “First position (in hyperliquid) to exceed $ 1B.”
Wynn’s long position was to lose nearly $ 16.3 million before it shot as Bitcoin broken $ 110,000 on May 21. The position is sitting comfortably above its extermination price of $ 103,790, as Bitcoin is well exceeded by $ 110,000 and approached $ 112,000 in early trading on May 22.
Hyperdash data shows the crypto whale that began to close some long positions in Bitcoin when Bitcoin traded around $ 106,000 on May 20.
“That Mfer has steel roots,” Crypto Influencer Follis writeWhile others called the businessman a “fully mad man” or asked his feelings in trade.
Who is “James Wynn”?
Wynn describes himself as a High -risk businessman and MEMECOIN MAXI Who should be called Pepe (Pepe) a purchase when its market cap is at $ 600,000.
The Crypto Whale began using Hyperliquid two months ago, depositing $ 4.65 million worth of Stablecoin USDC (USDC) onto the platform, hypurrscan data is displayed.
They have finished 32 trading since then, which included a long position in XRP (XRP), the official token of Trump (Trump), Fartcoin (Fartcoin) and Toncoin (Ton).
Dex of hyperliquid is the flagship in the Hyperliquid Layer 1 Blockchain, which also offers trading and borrowing services and lending, among other things.
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