Famous hyperlicid trader James Vyan has extended its 40x leverage long bitcoin bets by $ 1.25 billion after shutting down its $ Pepe position for a profit of $ 25.2 million.
On May 24, Lukchen Informed That WYNN entered the position of 11,588 BTC with an average entry price of $ 108,243 and a liquidation level of $ 105,180.
This step came a few hours after the exitET) And needle (Needle) At a loss of $ 5.3 million. At that time, they used the proceedings to double the bitcoin (BTC), It is increasing its position up to 11,070 BTC.
WYNN started his bitcoin long position with $ 830 million on 21 May, trimming $ 400 million in profits on the same day. By 22 May, he ramped Status up to $ 1.1 billionCrossing the high leverage as BTC crossed $ 110,000 and received $ 39 million on paper. He later sold 540 BTCs for $ 60 million, making a profit of $ 1.5 million.
Connected: Bitcoin continues the rally to cross $ 110K for the first time
WYNN is damaged after the risk of trump tariff
WYNN took a hit after a sharp market recession after former President Donald Trump announced a 50% tariff on all European Union imports.
The news given on 23 May sent bitcoin below $ 107,000 and erased profit in both traditional and Crypto markets. Ether also decreased as $ 2,504, while Memcoin was even more difficult.
data From Hipurcan shows that Wynn has suffered more than $ 29 million in a deficit alone in the previous day. However, it is still more than $ 57 million in all time trading and more than $ 46 million compared to the previous month.
Connected: CFTC comments submissions Hyperlicid Back 24/7 Crypto Trading
High-handed crypto trader
WYNN is a high-handed crypto merchant who Describes As self High -risk leverage trader And Memcoin maxiHe also claims to call Pepe (Pepe) A purchase when its market cap was $ 600,000.
Crypto Whale began using hyperlicid two months ago, which collects Stabelcoin USDC worth $ 4.65 million (USDC) On the platform, the hypskain shows data.
Hyperlicid dex Hyperlicid layer 1 is a flagship product on blockchain, which also offers spot trading and lending and lending services along with other things.
In particular, WYNN’s aggressive leverage increases their risk for instability. With bitcoin trading near $ 109,000, any sharp moves at the bottom can threaten the situation.
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