James Wynn has established a long position worth 830 million USD on Hyperliquid by leveraging 40x with 7,764 BTC at an entry price of 105,033 USD. He reduced this position to approximately 430 million USD while reinforcing his bullish stance as BTC prices dipped.
Wynn’s actions indicate strong confidence, as three large whales have collectively taken over 1,030 million USD in long positions on Hyperliquid. Meanwhile, another trader has shorted an 88 million USD position, anticipating potential liquidations in both directions.
Bitcoin has reached a new all-time high of 110,000 USD, with 99% of BTC holders currently in profit. The U.S. Spot Bitcoin ETFs have seen significant institutional inflows of up to 7 billion USD, reflecting strong market reliance and optimism.
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