Four giant whales are heavily leveraged long on BTC, with a total position of nearly 1.2 billion USD

According to Hashlink, on-chain analyst Yu Shuo pointed out that James Wynn and three other traders hold a total long position of 1.188 billion USD worth of BTC on the Hyperliquid platform, all using 40x leverage. Wynn's individual position has reached 807 million USD, going long on 7,225 BTC, with an unrealized profit of approximately 20.29 million USD. The other three hold 1,500, 1,000, and 900 BTC respectively, and also have varying degrees of unrealized profit, indicating strong bullish sentiment in the market.