The most popular but also controversial high leverage currencies of the last period James WynnAfter a major loss of $ 178 million, he went back to the stage. HyperliquidJust two hours after making a statement, “I’m taking a break”, Wynn turned to the spot market by opening a long position of 945 BTC (approximately 100 million dollars). The process is active with 40X leverage. Subject to Bitcoin $104,365.15Even a 1.3 percent decrease in the price of the price can instantly sweep the capital. Market participants follow this unexpected return with both enthusiasm and cautious curiosity.
When I said I left Hyperliquid, he returned with a gigantic Bitcoin position
Wynn described Hyperliquid as a “flawless ve and sent a message of thanks and then sold 126 thousand 116 Hype Coin for $ 32,72. Purchased for about $ 3.13 million coin‘s 4.13 million dollars revenue from the platform with a profit of 1 million dollars. Despite the high liquidity, the rise in Coin’s price resulted in a slight correction after Wynn’s sale. However, the trading volume of the stock market has been increasing in recent weeks.
40X leverageed 100 million dollars after selling Hype Coin Bitcoin position It shows that Wynn’s risk appetite has not changed. The position was 455 thousand dollars as soon as the process was opened at 105 thousand 890 dollars and the level of liquidation was 104 thousand 580 dollars. After the last decline in Bitcoin, the Wynn attracts the level of liquidation, but the risk of liquidation continues.
Despite the major losses of the investor in the past, the continuation of the aggressive investment strategy keeps the possibility of “the next liquidation” on the agenda. On social media, many users say that Wynn “pushes the boundaries”, while others greet him as “the name that will make the big return.”
Danger from 40x leverage
40x leverage means that the price can lead to liquidation even in second fluctuations. Bitcoin is currently moving in a band of 105 thousand -107 thousand dollars and a wick of $ 104,580 can completely erase Wynn’s position. In the short term, the Fed interest policy and macro uncertainties nourish volatility in Bitcoin. If this scenario occurs, Wynn may return to headlines with a new loss of hundreds of millions of dollars in one day.
Nevertheless, Wynn’s supporters believe that the expected corporate crypto currency entrances will carry the price up. Spot Bitcoin ETFThe request for the block award with the request for their request is shocked as the most powerful arguments that feed the bull thesis. In order for Wynn’s strategy to succeed, even the price rise only 3 percent, but dancing on thin ice in such a playful environment is not everyone’s mortar.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
