ThanhLy
4,660 views
3 Discussing
Hot
Latest
See original
James Wynn's $99 Million Crash: A Valuable Lesson from Highly Leveraged Trading!
🚨💸
What Happened?
James Wynn, a well-known "whale" in the crypto market, just suffered a massive liquidation worth $99 million on the Hyperliquid platform. With a "huge" 40x leverage strategy, Wynn bet big on Bitcoin (BTC) and memecoins like PEPE, but was "knocked out" by the market when BTC price plummeted below $105,000.
😱
Why did it collapse?
High leverage, high risk: Wynn's long position had a nominal value of up to $1.25 billion. If Bitcoin fell just 2-3%, his account would hit the liquidation threshold.
Market Shock: President Trump's announcement of 50% US tariffs on EU goods, coupled with macroeconomic uncertainty, triggered a sell-off that sent BTC tumbling from its $111,000 high.
Close Liquidation Threshold: Wynn's position was liquidated at $104,530-$105,180, a fragile threshold in a volatile market.
💡
Takeaways
Leverage is not a game: 40x leverage can yield huge profits, but it can also wipe out an account in a snap.
Risk Management is Key: Putting all your capital into a high-risk position is a warning to traders.
Crypto Markets Are Unpredictable: External factors like economic policy can throw all predictions into disarray.
🗣
The Community is Buzzing!
On platforms like X, many are calling it the “fall of the century,” while others are suggesting that Wynn could soon be back with a new strategy. What do you think? Can Wynn “take revenge,” or is this the end of the legend?
🤔
#Bitcoin #JamesWynn #ThanhLy #DonBayCao
🚨💸
What Happened?
James Wynn, a well-known "whale" in the crypto market, just suffered a massive liquidation worth $99 million on the Hyperliquid platform. With a "huge" 40x leverage strategy, Wynn bet big on Bitcoin (BTC) and memecoins like PEPE, but was "knocked out" by the market when BTC price plummeted below $105,000.
😱
Why did it collapse?
High leverage, high risk: Wynn's long position had a nominal value of up to $1.25 billion. If Bitcoin fell just 2-3%, his account would hit the liquidation threshold.
Market Shock: President Trump's announcement of 50% US tariffs on EU goods, coupled with macroeconomic uncertainty, triggered a sell-off that sent BTC tumbling from its $111,000 high.
Close Liquidation Threshold: Wynn's position was liquidated at $104,530-$105,180, a fragile threshold in a volatile market.
💡
Takeaways
Leverage is not a game: 40x leverage can yield huge profits, but it can also wipe out an account in a snap.
Risk Management is Key: Putting all your capital into a high-risk position is a warning to traders.
Crypto Markets Are Unpredictable: External factors like economic policy can throw all predictions into disarray.
🗣
The Community is Buzzing!
On platforms like X, many are calling it the “fall of the century,” while others are suggesting that Wynn could soon be back with a new strategy. What do you think? Can Wynn “take revenge,” or is this the end of the legend?
🤔
#Bitcoin #JamesWynn #ThanhLy #DonBayCao
See original
You guys are hitting the Hypeliquid floor too hard, heavy losses from the $Jelly incident, now you guys are switching to shorting $Hype!!!
In the mass liquidation of $Jelly last night, causing serious damage of #HypeliquidX , the whale tail 808 made 901k, even though at one point the unrealized profit showed up to 6 million dollars, but due to the small volume of $Jelly, when closing it was only that much.
#hype #jelly #thanhly
In the mass liquidation of $Jelly last night, causing serious damage of #HypeliquidX , the whale tail 808 made 901k, even though at one point the unrealized profit showed up to 6 million dollars, but due to the small volume of $Jelly, when closing it was only that much.
#hype #jelly #thanhly
See original
361.44 million USD was LIQUIDATED before news of $ETH ETF
The ETH ETF has been approved, but before that, the pre-news price run sent many brothers off to the island. I also warned you guys to be careful before and after the news came out, but it seems many of you are still quite subjective.
In the past 24 hours, there were 99,638 visitors to Monkey Island, with a total liquidation value of 361.44M USD. The largest liquidation order occurred on Binance-ETHUSDC worth 12.41M USD.
The ETH ETF has been approved, so ETH's peak will come in the near future. The big wave is coming, wait for a good position to follow the wave, limit the ship's resistance!
#binance #thanhly
The ETH ETF has been approved, but before that, the pre-news price run sent many brothers off to the island. I also warned you guys to be careful before and after the news came out, but it seems many of you are still quite subjective.
In the past 24 hours, there were 99,638 visitors to Monkey Island, with a total liquidation value of 361.44M USD. The largest liquidation order occurred on Binance-ETHUSDC worth 12.41M USD.
The ETH ETF has been approved, so ETH's peak will come in the near future. The big wave is coming, wait for a good position to follow the wave, limit the ship's resistance!
#binance #thanhly
Login to explore more contents