Whale James Wynn's BTC Long Position has been reduced to less than $300 million

BlockBeats News, May 28th, according to on-chain data, after continuous deleveraging, whale James Wynn's 40x BTC long position opened on HyperLiquid has dropped to less than $300 million in value, with the specific data as follows:

Position Value: $296 million

Entry Price: $109,228

Liquidation Price: $104,780

Unrealized Loss: $1.87 million