James Wynn’s Account Drops to $900 After Latest Bitcoin Liquidation on Hyperliquid
BeInCrypto
Prominent trader James Wynn saw his account balance plummet to $900 following a major liquidation while shorting Bitcoin on the Hyperliquid exchange.Summary
Well-known trader James Wynn suffered a significant financial blow after a Bitcoin short position on the decentralized exchange Hyperliquid was liquidated. According to Arkham Intelligence and HypurrScan, the liquidation resulted in a $20 million loss, leaving his account with only $900. This event, which follows a series of six liquidations over two weeks, was driven by a market-wide short squeeze that saw Bitcoin prices surge past $70,000.
(Source：BeInCrypto)