James Wynn: Liquidation Reverted, Malicious Actor Wins 1-0 Against Wynn

BlockBeats News, June 6, Whale James Wynn admitted in a post that his 40x leverage long on Bitcoin had failed. He closed his position using limit orders in a series of passive liquidations, and he currently has no long positions. "I closed the position and accepted the defeat. The evil market maker defeated Wynn with a score of 1-0."

His HyperLiquid account had a contract loss of approximately $1.655 million in the past 24 hours, about $13.465 million in the past 7 days, around $28.06 million in the past 30 days, and a total loss of about $21.79 million.