James Wynn Closes $1.21B BTC Longs in 47 Minutes — Loses $13.39M, Still Walks Away With $17.88M Profit

In a lightning-fast exit, top trader James Wynn liquidated his entire 11,407.1 $BTC long position worth $1.21 billion on Hyperliquid in just 47 minutes between 06:40 – 07:27 today.

This sudden sell-off caused Bitcoin to drop by $859 within the same hour. James took a $13.396 million hit during the unwind — but still walked away with an impressive $17.88 million profit from this round of $BTC longs.

Quoting James:

“I’m probably the only one wealthy (and crazy) enough to use 40x leverage to deploy this kind of capital.”

With this move, James Wynn now holds the record for one of the largest ever long orders opened on-chain — a staggering $1.2B on BTC. Don’t expect that record to be broken anytime soon.

Wallet: 0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6