According to Hypurrscan blockchain data, a mysterious whale has opened a 20x leveraged Bitcoin long contract on the decentralized exchange Hyperliquid, with a total value of up to $308 million. The community speculates that this whale may be the well-known trader James Wynn, who is famous for trading high-leverage contracts.
(Background: James Wynn has closed a 40x Bitcoin long position with a “loss of $70,” expressing frustration: “Every time I go long, I get targeted.”)
(Context: Is James Wynn done? Claiming to be a blind fool gambler, after losing $100 million, he posted a Hyperliquid rebate link.)
According to Hypurrscan blockchain data, a mysterious whale (wallet address: 0x1f250df59a777d61cb8bd043c12970f3afe4f925) has opened a 20x leveraged Bitcoin long contract on the decentralized exchange Hyperliquid, with a total value of up to $308 million, entering at a price of $108,100. Currently, this trade has an unrealized profit of $2.18 million, with a liquidation price of $103,180.
Is James Wynn Making an Anonymous Comeback?
This transaction has quickly sparked heated discussions within the crypto community, with many speculating whether this mysterious whale is actually an anonymous account of the well-known trader James Wynn.
The reason for this speculation is that James Wynn recently faced significant losses on Hyperliquid due to leveraged trading. On June 10, he posted on the X platform, stating: “I will return to the casino under an anonymous account so the cabal market manipulators can’t find me.” Additionally, the blockchain data platform Onchain Lens has publicly indicated that Wynn is likely the mastermind behind this massive leveraged long trade, further intensifying community speculation.
James Wynn Claims His Liquidation Was Due to Malicious Targeting
James Wynn is known for trading high-leverage contracts. With an initial capital of $4 million, he reportedly turned his assets into $100 million within just a month through high-risk operations, becoming a legendary figure in the cryptocurrency trading circle. However, his recent trades have faced consecutive failures, resulting in the complete loss of $100 million in profits within a month.
Regarding his situation, James Wynn has repeatedly posted on the X platform, claiming he has been “targeted,” accusing certain market participants of deliberately manipulating prices to attack his liquidation points. In a post on June 2, he wrote: “They’ve come for me again; don’t let these evil guys liquidate me.” He even revealed that some of his cryptocurrency exchange accounts were “closed without reason,” casting doubt on the fairness of the market environment.
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Whale Turns into Small Shrimp? James Wynn Opens Another Bitcoin Long Position Worth Less Than $20,000, Supports CZ’s Push for Dark Pool DEX: Can Burst Hyperliquid.
China Cracks Down on “Hyperliquid Money Laundering Case”: Techniques Similar to James Wynn, Deliberately Losing Money to Wash for Counterparties.
James Wynn Lost Again! Closed Bitcoin Long Position at a Loss of $20.48 Million, Unyielding He Posts: Aiming to Earn Back $100 Million.