š¼ Long $1.25 billion deal
Renowned whale trader James Wynn is back in the spotlight as he increased his Bitcoin Long position on Hyperliquid to $1.25 billion using X40 leverage.
After Donald Trump's announcement yesterday of 50% tariffs on imports from the EU, the market collapsed, and Wynn suffered losses of $29 million in one day.
What the whale did: Wynn closed the PEPE position with a profit of $25.2 million and reinvested the funds in BTC. Entry into the position: 11,588 BTC at the average price
$108,243, liquidation level -
$105,180. He now remains $57 million in the black across all deals.
ā ļø Keith believes in BTC growth and went all-in. But remember, aggressive strategies with high leverage can bring both huge profits and significant losses.
#TrumpTariffs #MarketPullback #BinanceAlphaAlert #whalemovement #ETHMarketWatch