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- #Gate 2025 Semi-Year Community Gala# voting is in progress! 🔥
Gate Square TOP 40 Creator Leaderboard is out
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2️⃣ #Creator Campaign Phase 2# |ZKWASM Topic: Share original content about ZKWASM or its trading activity on X or Gate Square to win a share of 4,000 ZKWASM!
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James Wynn continues the game by placing a 40x longs order of up to 100 million dollars.
James Wynn, a famous venture trader, has opened an additional position of 100 million USD with a 40X leverage on Hyperliquid. This bet aims to lock in 1 billion USD in profit from setting a BTC long order, but is immediately facing the risk of liquidation. The liquidation price is set at 104,580 USD, close to the current BTC market price of 105,121 USD.
Just a few hours after announcing his exit from risky trading, Wynn opened a new position, but the unrealized loss quickly exceeded 1 million USD. To this day, he has not cut his losses and has allowed the position to be liquidated, with losses at one point reaching 1.185 million USD.
Wynn has also sold 126K HYPE tokens at a price of 32.70 USD to receive 4.12 million USD, with a net profit of 1.07 million USD, and plans to use a portion for the BTC market.