Connect with us

Hi, what are you looking for?

Webinar News NetworkWebinar News Network

Editor's Pick

Crypto Expert Bets Against James Wynn’s $1.2B Hyperliquid BTC Long Position

High-stakes crypto trader James Wynn has taken his riskiest bet yet – a $1.2 billion leveraged Bitcoin long position on Hyperliquid. However, CrediBULL Crypto says James Wynn’s Hyperliquid BTC long position runs a high risk of liquidation. CrediBULL Crypto Is Pitching His Tent Against James Wynn Pseudonymous cryptocurrency investor James Wynn has sent the cryptoverse buzzing after opening a Hyperliquid BTC long position. Per on-chain data, James Wynn’s new leveraged long position is valued at $1.25 billion and comprises 11,407 BTC. The high-stakes investor has previously gone long on Bitcoin before taking partial profits. James Wynn’s previous  $1.1 billion BTC long threatened to send the HYPE token price to $100. Now, Wynn has reopened the position while raising the stakes, but pundits are predicting a grim outlook for the trader. Wynn’s Hyperliquid BTC long position is set at $105K, and with Bitcoin price trading at $108K, CrediBULL Crypto says Wynn… Read More at Coingape.com

The post Crypto Expert Bets Against James Wynn’s $1.2B Hyperliquid BTC Long Position appeared first on CoinGape.

You May Also Like

Latest News

In a move aimed at bolstering marine conservation efforts, the British government announced on Monday its intention to broaden the prohibition on bottom trawling,...

Stock

Apple is expected to take a bold leap forward in software innovation during its Worldwide Developers Conference (WWDC) on Monday, 9 June. Central to...

Editor's Pick

Stablecoin issuer Circle has finally gone public following its successful initial public offering (IPO), which beat expectations. The USDC issuer’s stock, CRCL, will trade...

Stock

Elon Musk’s Starlink has been granted a Global Mobile Personal Communication by Satellite (GMPCS) licence by India’s Department of Telecommunications (DoT), becoming the third...