🧠 James Wynn, aka the “mad trader,” strikes again! Less than a week after losing $100 million on an overly ambitious position on Bitcoin, he's doing it again… and with the same amount 💸. This time, he opens a long position on the decentralized platform Hyperliquid for $100 million, with a leverage of x40 ⚙️.
📈 Wynn entered the market at a price of $105,890 per BTC. But beware: if Bitcoin falls below $103,630, his position will be liquidated 💥. This leaves him with a tiny safety margin of about 1.5%, to say the least, a razor's edge in such a volatile market 😨.
🗣️ Facing this imminent danger, Wynn published a desperate call on X (formerly Twitter):
“They're coming for me again. Liquidation price: $103,640. Buy this damn dip [in the market]. Don't let these bastards liquidate me.”
👀 This heartfelt cry reflects the extreme tension surrounding this high-risk position. He even suspects some big players of wanting to provoke his liquidation deliberately 🐋.
🔍 This new episode highlights the dangers of high leverage in crypto trading and raises questions about possible market manipulation by powerful entities.
🔥 Will Wynn manage to turn the situation around or will he be liquidated once again? The suspense is at its peak…
📰 Source: journalducoin.com
