James Wynn wins high-leverage BTC battle

On-chain analyst @EmberCN reported on X that Hyperliquid whale trader James Wynn emerged victorious in a high-stakes crypto duel, increasing his 40x BTC long position from $190 million to $780 million at an entry price of $107,651. Meanwhile, a rival whale’s 40x short position has hit its liquidation price and is being automatically reduced.