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Hyperliquid Whale James Wynn Losses $99M After Bitcoin Plunges to $105K

  • James Wynn lost nearly $100M on a high-leverage long position on Bitcoin as it dipped to the $105k range
  • His series of unsuccessful high-leverage positions led to liquidation when Bitcoin showed minimal volatility
  • Wynn's losses were reported by Lookonchain and Hyperliquid blockchain explorer, confirming the closure of three trading positions
  • Despite cautioning against high-risk trades, Wynn's popularity rose in the crypto community following the $99M losses, while another whale profited $17M in contradicting trades

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