James Wynn Returns with a $100M Bitcoin Bet After Ditching Hyperliquid Perps

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Story Highlights* James Wynn paused perpetual trading, selling all HYPE tokens for a $1 million profit.

  • 2 hours after selling all HYPE token, Wynn opened a huge $100 million Bitcoin long with 40x leverage.
  • Wynn’s Bitcoin position holds nearly 945 BTC but already shows an unrealized loss of $455K.
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