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Crypto Expert Bets Against James Wynn’s $1.2B Hyperliquid BTC Long Position

High-stakes crypto trader James Wynn has taken his riskiest bet yet – a $1.2 billion leveraged Bitcoin long position on Hyperliquid. However, CrediBULL Crypto says James Wynn’s Hyperliquid BTC long position runs a high risk of liquidation. CrediBULL Crypto Is Pitching His Tent Against James Wynn Pseudonymous cryptocurrency investor James Wynn has sent the cryptoverse buzzing after opening a Hyperliquid BTC long position. Per on-chain data, James Wynn’s new leveraged long position is valued at $1.25 billion and comprises 11,407 BTC. The high-stakes investor has previously gone long on Bitcoin before taking partial profits. James Wynn’s previous  $1.1 billion BTC long threatened to send the HYPE token price to $100. Now, Wynn has reopened the position while raising the stakes, but pundits are predicting a grim outlook for the trader. Wynn’s Hyperliquid BTC long position is set at $105K, and with Bitcoin price trading at $108K, CrediBULL Crypto says Wynn… Read More at Coingape.com

The post Crypto Expert Bets Against James Wynn’s $1.2B Hyperliquid BTC Long Position appeared first on CoinGape.

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