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Update: Trader James Wynn Increases Bitcoin Long to $145M

⚙️Anonymous trader going by the pseudonym James Wynn has increased his long position on Bitcoin from $100 million to $145 million on the Hyperliquid platform.

⚙️The position is opened with 40x leverage, with an average entry point of $106,067 and a liquidation level at $104,927. Over the past 24 hours, the trader has paid nearly $42,000 in funding fees. At the time of publication, he holds an unrealized profit of over $500,000.

⚙️“Bitcoin will punish all the shorters, liquidate all the bears, and reward the victors!” — he wrote on X (formerly Twitter). He added that he intends to demonstrate “a live example of fully making a comeback with a single trade.”

⚙️Wynn gained notoriety after a series of high-risk trades on Hyperliquid, including a $1.2 billion long position that at one point showed $82 million in unrealized profit. However, nearly all of his positions were later closed at a loss.

Wynn’s true identity remains unknown. It is also unclear whether his activity is part of a promotional campaign by Hyperliquid itself. Wynn has previously claimed that it was his trades that brought attention to the platform — notably, on the day he opened his $1B long, Hyperliquid’s HYPE token hit a new all-time high.

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