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


by Coin Edition
for CoinEdition

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This Is How You Trade a Market Top, According to Pro Trader James Wynn
  • 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.

Read the article at CoinEdition

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$ 0.00...361

$ 0.00...021

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In This News

Coins

$ 90.85K

+0.99%

$ 0.00...361

$ 0.00...021

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


by Coin Edition
for CoinEdition

Share:

This Is How You Trade a Market Top, According to Pro Trader James Wynn
  • 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.

Read the article at CoinEdition

In This News

Coins

$ 90.85K

+0.99%

$ 0.00...361

$ 0.00...021

Share:

In This News

Coins

$ 90.85K

+0.99%

$ 0.00...361

$ 0.00...021

Share:

Read More

Crypto News: Bitcoin, XRP, Chainlink Lead Institutional Interest Amid $716M Inflow

Crypto News: Bitcoin, XRP, Chainlink Lead Institutional Interest Amid $716M Inflow

Key Insights: In major crypto news, crypto funds recorded $716 million in inflows ami...
Top 4 Reasons Why Crypto Market Will Pump Soon

Top 4 Reasons Why Crypto Market Will Pump Soon

Key Insights: The crypto market traded downwards over the past few weeks since the st...