#WhaleJamesWynnWatch #MarketPullback
💥 A loud liquidation that the entire market is talking about today!
$99.3 million — this is how much the famous trader James Wynn lost on Hyperliquid in just a few hours.
Reason? Aggressive long on BTC with 40x leverage — and... the market did its job.
📉 How did this happen?
During the drop of BTC below $105,000, his position of 949 BTC was liquidated in two stages:
▪ 527.29 BTC at $104,950
▪ 421.8 $BTC at $104,150
❗ And just a day before that — liquidation of 94 BTC at $106,330.
And instead of reducing risk — James Wynn only increased leverage to $1.25 billion exposure (!).
🧨 Who is he?
Known in the community as “extreme degenerate” — deliberately trades without stops and without any risk management.
After the liquidation of $99 million...
👉 Posted a meme from "The Matrix" and opened a new long position at $107,993 — again at 40x.
At the time of the last update — the floating loss was already -$3.4 million.
⚠️ Why is this important?
Hyperliquid allows trading with leverage up to 40x without restrictions.
In DeFi, there are still no mechanisms to curb excessive risks.
Such cases create artificial pressure on the BTC market → intensifying #MarketPullback.
🐋 The intrigue of the week:
While James Wynn was taking a loss, another whale — 0x2258 — was playing against him (James Wynn — long, 0x2258 — short, and vice versa).
👉 Summary — plus $17 million for the week.
🎯 : This story is not just "another liquidated trader."
This is a serious signal for the market: the DeFi ecosystem needs to become more responsible.
✅ Trading with leverage is a roulette.
✅ Risk management is a must-have.
✅ Tracking whales is interesting, but excitement is not a strategy.
💬 What do you say?
"Opening long", "Opening short" or "Just watching the whales"? 🐳