This week in crypto: James Wynn’s Hyperliquid trades, GameStop buys Bitcoin, Circle files IPO, and more

James Wynn dealt with a significant $12 million loss on Hyperliquid as he struggles to mitigate a long position worth $750 million amid volatile market conditions.

GameStop announced the purchase of 4,710 BTC, valued at approximately $512 million, becoming a notable player in Bitcoin treasuries amidst inflationary pressures.

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