$ 1.25 billion per bitcoins: This trader is (really) afraid of anything

 


8:00 ▪ ▪
6
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Luc Jose A.

On the market where the volatility is permanent, James Wynn distinguished the extraordinary maneuver: a position of $ 1.25 billion per bitcoins with a 40x lever over hyperliquid. The controversial figure of speculative trading seemed to have surfed the rise … Until Donald Trump’s announcement on a massive tax against the EU. In a few hours, a geopolitical shock turned the trend and melted $ 29 million in potential profits, and the bold bet captured the reality of markets.

A trader standing on his table (Wynn), an open jacket, a floating tie, a hallucinated look. He raises his finger as if he bet everything, on the other side placed on the mouse. The screen shows before it "1.25" With huge ₿ pulse bitcoin.A trader standing on his table (Wynn), an open jacket, a floating tie, a hallucinated look. He raises his finger as if he bet everything, on the other side placed on the mouse. The screen shows before it "1.25" With huge ₿ pulse bitcoin.

In short

  • James Wynn, an active hyperliquid trader, hired a $ 1.25 billion in Bitcoin with a 40x lever.
  • This extreme position was partially financed thanks to the profits gained on the same PEPE, which compensated for losses to ETH et Su.
  • May 23 The announcement of Donald Trump on a customs tax on the EU caused a brutal decline in bitcoins below $ 107,000, which caused $ 29 million in Wynn.
  • Despite this loss, Wynn remains generally profitable, with a cumulative profit of $ 57 million.

Extreme risk: James Wynn on the thread of razor blades

A few months ago, the decentralized hyperliquid platform approached the disaster before stabilizing its situation due to the technical regulation and strict risk management. May 24 James Wynn, a high -risk trader and is now a symbol of this infrastructure, has brought the use of a lever on a climax with a long -term position of $ 1.25 billion per bitcoins.

It opened a long position at 40x out of $ 11,588, ie $ 1.25 billion, with an average entry price of $ 108,243 and automatic disposal planned at $ 105,180, according to Lookonchain.

This extreme bet was carried out as a result of its investment on the same PEPE, which brought it $ 25.2 million. Wynn then transferred these profits to his bitcoin bet, shortly after suffering losses of $ 5.3 million in the positions of Ether (ETH) and Sui.

These portfolio modifications reflect an aggressive strategy where maximum reactivity and risk they take precedence over diversification.

The development of its position in bitcoins, spread for several days, testifies to the calculated but extremely bold approach, marked by a strong market exposure:

  • May 21: initial entry to BTC up to $ 830 million, followed by $ 400 million partial profits on the same day;
  • 22.
  • May 24: The position brought $ 1.25 billion out of $ 11,588 through the X40 lever effect;
  • Sale 540 BTC for $ 60 million, or 1.5 million profits, despite the growing tension in the markets.

Wynn, active for hyperliquid for two months with an initial deposit of $ 4.65 million in USDC, claims to be a “A high -lever and high level trader”. As such, his business style is a symbol of a new generation of crypto speculators, ready to face roller coaster with extraordinary risk tolerance.

The political announcement that causes giants to eye

The brutal conversion of the situation occurred a few hours later when Donald Trump 23 announced its intention to set up a 50 % customs tax on all imports from the European Union.

This statement, perceived as a signal for recovery of the trade of tension, immediately shaken all the financial markets, including crypts. The price of bitcoins dropped below $ 107,000, which caused volatility that melted Wynn’s profits.

According to a mortgage data, this situation led to a dry loss of $ 29 million per day. Other cryptos, such as Ether, were also swept by waves, dropped to $ 2,504, while the same collapsed.

If this loss seems spectacular, it did not destroy the overall performance of the merchant. James Wynn, however, has always issued a profit of $ 57 million since the platform operations, of which only 46 million made only in the last month.

However, this sudden fall brutally reminds that a massive position with a high lever can collapse on such an unintentional market as an unforeseeable as the external foundations of the sector.

In addition to the specific Wynn case, this episode questions the global problem: the growing exposure of the market crypto of global geopolitical dynamics. Like traditional assets, Bitcoin now responds almost immediately to the main political events, which increases the complexity and risk to investors.

If Wynn managed to stay above the water, many less experienced merchants may not take such mercy. While platforms such as hyperliquide attract more and more high -risk profiles, the question of the system’s resistance to the factors intensifying the fall of cryptos in the case of macroeconomic volatility remains open.

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Luc Jose A. Avatar

Luc Jose A.

A graduate of the Toulouse and the Blockchain Consultant Certification certification holder and I joined the adventure of Cointribuna in 2019. I convinced of the potential of blockchain to transform many economy sectors, committing to raising awareness and informing the general public about how the ecosysty developed. My goal is to allow everyone to better understand blockchain and take the opportunity they offer. I try to provide an objective analysis of messages every day, decrypt trends on the market, hand over the latest technological innovations and introduce the economic and social issues of this revolution.

Renunciation

The words and opinions expressed in this article are involved only by their author and should not be considered investment counseling. Do your own research before any investment decision.

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