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Data: Whale James Wynn Partially Closes 40x Bitcoin Long Position, Remaining Position's Notional Value at $57 Million

Data: Whale James Wynn Partially Closes 40x Bitcoin Long Position, Remaining Position's Notional Value at $57 Million

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ChaincatcherChaincatcher2025/05/09 05:24

HyperInsight data shows that whale James Wynn's 40x Bitcoin long position has been partially closed between $101,500 and $102,500, with the closed portion having a nominal value of approximately 330 Bitcoins, equivalent to about $33 million. The whale still holds a long position with a nominal value of 554 Bitcoins, worth approximately $57 million, with an unrealized profit of $4.73 million.

Previously reported, whale @JamesWynnReal opened a BTC long position worth $137 million using 40x leverage on Hyperliquid over a 40-hour period since the afternoon of May 1. The long position consists of 1,419.4 BTC, valued at $137 million, with an average entry price of $96,629.4 and a liquidation price of $87,844.

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