Coin Edition
2025-07-17 17:20:41

James Wynn Makes $473K in One Day Shorting BTC and HYPE on Hyperliquid

James Wynn earned $473.9K in 24 hours by shorting BTC and HYPE using high leverage on Hyperliquid. On July 17, Bitcoin traded between $117,506 and $119,244, showing low volume and no breakout. HYPE closed at $46.11 after failing to hold above $47, with visible intraday rejection on the daily chart. James Wynn made $473,900 in one day by shorting BTC and HYPE on Hyperliquid, according to on-chain data published by Lookonchain. The trades took place on July 17, after Wynn had reportedly switched from long positions following an earlier liquidation event. The successful pivot shows a nimble trading strategy that capitalized on a stalling market momentum. James Wynn’s Winning Trade According to Lookonchain, Wynn used 40× leverage on BTC and 10× leverage on his HYPE short on the derivatives platform Hyperliquid. The trades were executed and closed within a 24-hour window. This move came just two days after Wynn deposited $467,999 into Hyperliquid, which enabled the short positions. Lookonchain tracked the activity through his wallet address, confirming the deposit, position changes, and final balance update. Specific entry and exit prices were not di… The post James Wynn Makes $473K in One Day Shorting BTC and HYPE on Hyperliquid appeared first on Coin Edition .

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.