## Hyperliquid Whales Wipeout: Millions Lost in Leverage Three prominent whales on the Hyperliquid decentralized exchange have experienced catastrophic losses, according to EmberCN. The traders, known for their high-leverage positions, saw their fortunes evaporate in a dramatic turn of events. JamesWin, who boasted $87 million in profits by the end of May, has lost everything, including his initial $21.77 million investment. His downfall was triggered by a massive $1.23 billion BTC long position gone wrong. Qwatio, an "insider whale," built a $26 million portfolio from a $3 million start, only to see it all disappear. AguilaTrades has also been liquidated extensively, dwindling to just $30,000. These events highlight the extreme risks associated with high-leverage trading in the volatile cryptocurrency market. Even experienced traders can be caught off guard, facing total wipeouts in a "liquidation ending". The news serves as a stark warning to those participating in leveraged trading on Hyperliquid and other platforms. ```

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