Hyperliquid whale opens 40x BTC long after announcing exit from perps

James Wynn, a whale trader on the decentralized exchange Hyperliquid (HYPE), has reportedly returned to the market with a high-leverage position after previously stating he would step back from perpetual trading. According to on-chain analyst @ai_9684xtpa, Wynn has opened a 40x long position on Bitcoin (BTC). His current holdings amount to 944.93 BTC ($100 million) with an entry price of $105,890.30 and a liquidation threshold at $104,580. He was previously reported to have been forcibly liquidated on a position worth approximately $100 million.