Hyperliquid loser James Wynn got rekt, gambled $20K in donations
Controversial Hyperliquid trader “James Wynn” has reportedly been gambling with over $20,000 in donations he said would help him “defeat the cabal.” According to blockchain analytics firm Arkham, the pseudonymous trader deposited the funds into Hyperliquid on Monday. This comes shortly after he lost in excess of $100 million through crypto derivatives trading. The deposit has given his Hyperliquid position -0.021% leg room, moving his liquidation price from $103,632 to $103,610. His new position, a $100 million bitcoin (BTC) long with 40X leverage, was made hours after supposedly taking a “break” from perpetual trading. Wynn had previously made $100 million in profits before managing to lose it all and rack up $17 million in losses in the space of a few weeks. James Wynn has just deposited $20,460 of donated funds to his Hyperliquid account This moves his liquidation price from $103,632 to $103,610 (-0.021%) pic.twitter.com/n0rOTl79Pp — Arkham (@ark...