So, here we are, folks. A crypto whale—yes, a whale, not a goldfish—decides to throw down a whopping $1.1 billion on a 40x leverage long Bitcoin bet on Hyperliquid. I mean, who does that? This is like betting your life savings on a game of rock-paper-scissors! 🤦♂️
And guess what? This genius, going by the name “James Wynn” on X, is now up $36 million. I can’t even find my car keys half the time, and this guy is raking in millions! What’s next? A $2 billion bet? Why not? Let’s just keep raising the stakes until someone loses a limb! 🦵💸
He used a $28.4 million margin position to boost his Bitcoin (BTC) holdings to a staggering $1.13 billion. The average entry price? A casual $108,065. I mean, who needs a financial advisor when you can just wing it like this? 🎢
“He did it, fellas!” crypto analyst Sigma^2 exclaimed on X. “First position [on Hyperliquid] to exceed $1B.” Wow, groundbreaking stuff here. Next, they’ll be giving out medals for reckless behavior! 🥇
Now, let’s talk about the rollercoaster ride this guy’s been on. At one point, he was down $16.3 million. But then, like a phoenix rising from the ashes, Bitcoin breaks through $110,000, and suddenly he’s sitting pretty. It’s like watching a bad sitcom where the main character just keeps getting lucky! 🎭
According to HyperDash, our friend started closing some positions when Bitcoin was around $106,000. Smart move? Or just a lucky guess? Who knows! 🤷♂️
“That mfer has nerves of steel,” said crypto influencer Follis. Others are calling him an “absolute mad man.” I mean, can you blame them? This guy’s trading strategy seems to be “let’s see what happens!” 🎲
Who is “James Wynn”?
Wynn describes himself as a high-risk leverage trader and memecoin maxi. He supposedly called Pepe (PEPE) a buy when its market cap was at $600,000. I don’t know about you, but I’d rather bet on a horse named “Lucky” than on a meme coin! 🐴
He started using Hyperliquid two months ago, depositing $4.65 million worth of USDC. Since then, he’s completed 32 trades, including long positions on XRP, the Official Trump token, Fartcoin, and Toncoin. Yes, you heard that right—Fartcoin! What a time to be alive! 💨
Hyperliquid’s DEX is the flagship product on the Hyperliquid layer 1 blockchain, which also offers spot trading and borrowing and lending services. Because why not throw in a few more ways to lose your money? 🎢
Read More
2025-05-22 08:31