The Bitcoin high-leverage 'gamble' has exploded! Four 40x leading positions with a total of 1.188 billion, stepping on air means securing losses!

Hyperliquid showcases the grand Bitcoin gamble! Currently, there are 4 leading positions on the platform with as high as 40x leverage and a total position value reaching 1.188 billion USD — all long positions! This gambling scenario is either winning big or just securing losses.

The most aggressive trader, James Wynn, single-handedly took on 7,225 Bitcoins with a position value of 807 million, opening at a price of 108,994 USD, with a liquidation line at just 100,711 USD, showing a paper profit of 20.29 million. It's like dancing on the edge of a knife.

The other three are:

Address 0xc653…c142: 1,500 Bitcoins, position value 167 million, opened at 108,893, liquidation at 95,616, paper profit 4.62 million;

Address 0x46e3…bab8: 1,000 Bitcoins, position value 111 million, opened at 110,576, liquidation at 104,347, paper profit 1.21 million;

Address 0x0c86…8995: 900 Bitcoins, position value 100 million, opened at 110,130, liquidation at 96,054, paper profit 1.5 million.

Everyone has paper profits in hand, but as long as the leading position changes, these heavy positions stepping on air will mean severe losses!

This wave of bets reflects extremely strong confidence in Bitcoin, with massive leverage leading positions stacked at high levels, which also means: once there is a correction, the volatility of the market will be amplified.