Massive Whale Liquidation: Bitcoin Plunges in Volatile Market Conditions
Emily HarrisPopular trader James Wynn has called it quits after the recent streak of liquidations[...]
Major Liquidation Event Hits Prominent Crypto Trader on Hyperliquid
Analytics firm Arkham Intelligence reports a significant liquidation event occurred moments ago on derivatives trading platform Hyperliquid.
James Wynn, a well-known crypto trader, saw all his long positions liquidated as Bitcoin's price declined earlier today. His positions held a total value of $39.3 million before the liquidation.
The trigger point came when Bitcoin dropped to $103,266 - the session's lowest price point. Prior to liquidation, Wynn's unrealized profit and loss (PnL) stood at -$1.13 million.
This event marks Wynn's complete exit from all positions, resulting in a lifetime PnL of -$20.5 million.
