James Wynn Makes $473K in One Day Shorting BTC and HYPE on Hyperliquid
2025-07-17 17:57:53
Main Idea
James Wynn earned $473,900 in one day by shorting BTC and HYPE using high leverage on Hyperliquid, amid low trading volume and stagnant price movements for both assets.
Key Points
1. James Wynn used 40× leverage on BTC and 10× leverage on HYPE in his short trades on Hyperliquid.
2. Bitcoin traded between $117,506 and $119,244 on July 17, 2025, with low volume and no significant price movement.
3. HYPE token traded between $45.51 and $47.34, closing at $46.11, down 1.78% for the day.
4. Wynn deposited $467,999 into Hyperliquid two days prior, enabling the short trades.
5. Both BTC and HYPE remained above their 50-day EMAs ($109,022 for BTC and $38.74 for HYPE).
Description
James Wynn earned $473.9K in 24 hours by shorting BTC and HYPE using high leverage on Hyperliquid. On July 17, Bitcoin traded between $117,506 and $119,244, showing low volume and no breakout. HYPE closed at $46.11 after failing to hold above $47, with visible intraday rejection on the daily chart. James Wynn made $473,900 in one day by shorting BTC and HYPE on Hyperliquid, according to on-chain data published by Lookonchain. The trades took place on July 17, after Wynn had reportedly switched f...
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