{"id":24481,"date":"2025-06-03T17:00:33","date_gmt":"2025-06-03T14:00:33","guid":{"rendered":"https:\/\/forklog.com\/en\/trader-james-wynn-reopens-140-million-bitcoin-long-position\/"},"modified":"2025-06-03T17:00:33","modified_gmt":"2025-06-03T14:00:33","slug":"trader-james-wynn-reopens-140-million-bitcoin-long-position","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/trader-james-wynn-reopens-140-million-bitcoin-long-position\/","title":{"rendered":"Trader James Wynn Reopens $140 Million Bitcoin Long Position"},"content":{"rendered":"<p>Cryptocurrency trader James Wynn has once again opened a margin position on perpetual bitcoin futures on the <a href=\"https:\/\/forklog.com\/en\/news\/the-price-of-popularity-and-a-lesson-for-all-hyperliquid\">Hyperliquid<\/a> platform, this time nearly reaching $100 million.\u00a0<\/p>\n<p>This move comes just days after the <a href=\"https:\/\/forklog.com\/en\/news\/whales-losses-on-hyperliquid-near-100-million\">liquidation<\/a> of a similar trade following a drop in the digital asset&#8217;s value below $105,000.\u00a0<\/p>\n<div class=\"wp-block-text-wrappers-update-2 article_update\"><time class=\"gtb_text-wrappers_update_time\">June 3, 2025 | 18:51<\/time><span class=\"gtb_text-wrappers_update_head\">Update: <\/span><\/p>\n<p>Wynn has increased his position to $140 million as the price of the leading cryptocurrency rises.\u00a0<\/p>\n<p>The liquidation price is now set at $104,820, with unrealized profits exceeding $740,000.<\/p>\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/hypurrscan.io\/address\/0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"381\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/hypurr-1024x381.png\" alt=\"hypurr\" class=\"wp-image-259895\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/hypurr-1024x381.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/hypurr-300x112.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/hypurr-768x286.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/hypurr.png 1504w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><figcaption class=\"wp-element-caption\">Data: Hypurrscan.<\/figcaption><\/figure>\n<p>Bitcoin is trading around $106,768, having risen 2.2% in the past 24 hours, according to <a href=\"https:\/\/www.coingecko.com\/\" title=\"CoinGecko\">CoinGecko<\/a>. <\/p>\n<\/div>\n<p>According to the aggregator <a href=\"https:\/\/hypurrscan.io\/address\/0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6\">Hypurrscan<\/a>, another 40x leveraged long will be liquidated if the price of the leading cryptocurrency falls below $103,630. At the time of writing, the unrealized loss on the trade exceeds $400,000.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"382\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-06-03-160716-1024x382.png\" alt=\"Snimok-ekrana-2025-06-03-160716\" class=\"wp-image-259879\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-06-03-160716-1024x382.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-06-03-160716-300x112.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-06-03-160716-768x286.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/Snimok-ekrana-2025-06-03-160716.png 1500w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: Hypurrscan.<\/figcaption><\/figure>\n<p>Wynn stated that his forced closure level has become a target for major market players.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">They\u2019re coming for me again.<\/p>\n<p>Liq price: 103,640<\/p>\n<p>Buy the fucking dip.<\/p>\n<p>Don\u2019t let these evil bastards liquidate me. <a href=\"https:\/\/t.co\/WKzL2ZwPEq\">pic.twitter.com\/WKzL2ZwPEq<\/a><\/p>\n<p>\u2014 James Wynn (@JamesWynnReal) <a href=\"https:\/\/twitter.com\/JamesWynnReal\/status\/1929530140599415210?ref_src=twsrc%5Etfw\">June 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;They\u2019re coming for me again,&#8221; the trader wrote.<\/em><\/p>\n<\/blockquote>\n<p>He urged people to actively &#8220;buy the dip&#8221; to prevent his liquidation.<\/p>\n<p>An influencer known as Altcoin Gordon suggested that Wynn&#8217;s second $100 million trade might indicate market manipulation.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">James Wynn opened another $100M BTC long <\/p>\n<p>Within seconds the shady market makers dumped the price towards his liquidation price of $104,580<\/p>\n<p>Why are they so desperate to see him lose? ? <a href=\"https:\/\/t.co\/YY8ebG7v38\">pic.twitter.com\/YY8ebG7v38<\/a><\/p>\n<p>\u2014 Gordon (@AltcoinGordon) <a href=\"https:\/\/twitter.com\/AltcoinGordon\/status\/1929470894516174947?ref_src=twsrc%5Etfw\">June 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Within seconds the shady market makers dumped the price to the liquidation level of $104,580,&#8221; he noted.<\/em><\/p>\n<\/blockquote>\n<p>Some traders have begun sending donations to Wynn&#8217;s address to help him finance his margin positions. According to on-chain analyst dethective, at least 24 users have transferred stablecoins to the trader&#8217;s wallet, with the largest donation amounting to nearly $8,000.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">James Wynn, a multimillionaire gambler, is asking for more money to support his gambling.<\/p>\n<p>Surprisingly, people are actually sending him money.<\/p>\n<p>We might be looking at a list of the most retarded people ever. <a href=\"https:\/\/t.co\/Ddtj4P8xm9\">pic.twitter.com\/Ddtj4P8xm9<\/a><\/p>\n<p>\u2014 dethective (@dethective) <a href=\"https:\/\/twitter.com\/dethective\/status\/1929553736323518665?ref_src=twsrc%5Etfw\">June 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Previously, Wynn had <a href=\"https:\/\/x.com\/JamesWynnReal\/status\/1928844953771454667\">asked<\/a> the crypto community for donations in &#8220;stablecoins&#8221; to &#8220;fight the market maker cartel,&#8221; promising to return the donations if successful. He also reported that some of his personal accounts on cryptocurrency exchanges were &#8220;closed overnight&#8221; without apparent reasons.<\/p>\n<p>Despite the situation, Wynn expressed optimism about bitcoin&#8217;s future.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bearish momentum is weakening on the 8hr, 12hr and daily candles for <a href=\"https:\/\/twitter.com\/search?q=%24BTC&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$BTC<\/a>.<\/p>\n<p>Everyone will be caught off guard. The pumps will be ferocious. When bitcoin moves it moves hard and fast.<\/p>\n<p>\u2014 James Wynn (@JamesWynnReal) <a href=\"https:\/\/twitter.com\/JamesWynnReal\/status\/1929846623372271846?ref_src=twsrc%5Etfw\">June 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>&#8220;Bearish momentum is weakening,&#8221; he wrote.<\/em><\/p>\n<\/blockquote>\n<p>The trader also predicted an upcoming rally for the leading cryptocurrency that will &#8220;catch investors off guard.&#8221;<\/p>\n<p>Back in March, high-risk positions<a href=\"https:\/\/forklog.com\/en\/news\/hyperliquid-delists-contract-amid-price-manipulation-concerns\"> threatened<\/a> not only the platform&#8217;s stability but also the safety of client funds in the Hyperliquidity Provider Vault.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrency trader James Wynn has once again opened a margin position on perpetual bitcoin futures on the Hyperliquid platform, this time nearly reaching $100 million.\u00a0 This move comes just days after the liquidation of a similar trade following a drop in the digital asset&#8217;s value below $105,000.\u00a0 June 3, 2025 | 18:51Update: Wynn has increased [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24480,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1267,787,1156],"class_list":["post-24481","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-cryptocurrency-trading","tag-dex","tag-institutional-investors-and-whales"],"aioseo_notices":[],"amp_enabled":true,"views":"122","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24481","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24481"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24481\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24480"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24481"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24481"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24481"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}