This is quite interesting: the 50x insider has matched up against James Wynn, who recently opened multiple large positions in BTC, early this morning.
Both are whale traders with a high win rate and significant profits in BTC, so this will be exciting to watch 😂
🔺 Long Position: James Wynn
James Wynn increased his 40x BTC long position to 7,764 BTC early this morning, with a position value of $830 million. If I remember correctly, this should be the largest single position ever opened on Hyperliquid.
Entry price $105,033, liquidation price $100,330.
Position observation address👉: 0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6
🔻 Short Position: 50x Insider
At 4 AM, transferred 2.3 million USDC into Hyperliquid as margin to open a short position of 826 BTC with 40x leverage, position value $88.36 million.
Entry price $107,192, liquidation price $108,500.
Position observation address👉: 0x51d99a4022a55cad07a3c958f0600d8bb0b39921