Hyperliquid whale James Wynn denies liquidation, but on-chain data suggests otherwise

James Wynn, a whale trader on the decentralized exchange Hyperliquid (HYPE), reportedly suffered another liquidation and deposited his remaining assets to KuCoin, according to Lookonchain. Wynn had previously declared a halt to trading after losing approximately $100 million. Lookonchain added that although Wynn denies being liquidated and claims the wallet in question is not his, on-chain data strongly suggests otherwise. A newly identified wallet believed to belong to Wynn sent 1.152 ETH (worth about $2,910) and 137,000 USDC to his KuCoin deposit address approximately 21 hours ago, based on transaction records.