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

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

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.
https://www.ainvest.com/news/crypto-whale-james-wynn-loses-16-14-million-bitcoin-liquidation-2507/
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.
The great wealth transfer right before our eyes.
You Wynn some, you lose some.
Never heard of him tbh, is he a drummer?