u.today
05 June 2025 20:42, UTC
According to Arkham Intelligence, a massive liquidation event took place on Hyperliquid, a popular derivatives trading platform, several minutes ago.
Popular trader James Wynn has had all of his long positions wiped out after the price of Bitcoin sank lower earlier today.
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The total trade value of his positions stood at roughly $39.3 million. The last liquidation event took place after the price of the leading cryptocurrency dipped to $103,266.
Before his positions got liquidated, the trader recorded an unrealized profit and loss (PnL) of -$1.13 million.
The trader has now exited all of his positions with a lifetime PnL of -$20.5 million.
