Hyperliquid degenerate trader, JamesWynnReal has dumped more than 75% of his original 7,029 BTC long on Hyperliquid after the price started to move against his position. He initially opened a 40x long on BTC over time across the week, with the position slowly growing to over $750M. As his liquidation price approached, he began to sell his position at a loss to reduce his liquidation price. In addition, he further deposited another $376K in USDC to increase his account’s margin. His liquidation price is now $104,603.91, less than 1% away from the current price.
JamesWynnReal made the headlines last week when he became the first trader to amass a single position of over $1B in value on Hyperliquid. Despite his reckless trading, he was initially profitable, running his account up to $82M in profit. Today, he was given it all back, down $13.2M since his first trade on Hyperliquid.
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