🔥 The Setup
In late May, whale James Wynn opened a massive $1.25B long on BTC using 40× leverage on Hyperliquid. Entry was around $108,200, liquidation set near $105,180 .
⬇️ The Collapse
BTC slid from ~$108,200 to $107,000, triggering Wynn to exit his position, realizing a $13.4M loss in just 47 minutes .
⚡ Quick Flip
A few hours later, he opened a short worth ~$110M (~1,038 BTC) at $107,711 with liquidation up at $149,100 .
That short is currently floating at about –$59K unrealized loss .
🧭 Why It Matters
A whale throwing $1.25B into a long, losing $13M, then flipping into a $110M short within hours is extremely rare and sends a clear signal: big players are turning bearish .
Over 53% of BTC open interest is now in shorts — a majority betting on a dip .
In short: James Wynn’s brutal flip from long to short isn’t just drama — it’s a powerful market signal. Watch these whale moves.
