Hyperliquid’s loyal customers and the infamous Crypto Maverick James Wynn have returned to the play that deals with more mouths with two favorite encryption currencies. This time, Wynn started playing 40x leverage of $ 45 million at Bitcoin (BTC) at an entrance price of $ 105,386.7.
What is this BIG BTC & PEPE conviction?
Bitcoin’s bull’s strength has returned over $ 110,404 on Wednesday evening, but this provides permanent traders with an unprecedented profit of $ 163 million for Bitcoin alone. James Wynn also placed $ 15 million in a 10 -fold permanent game at the price of PEPE Coin.
James Wynn says that the frog theme encryption is likely to summon the “parabol” pump by posting the Fibonacci Retression -based PEPE Coin Analysis to back up his choice. The first stop will be $ 0.00001792 due to fibonacci -based projects, before jumping into a larger race to deal with 1.618 fibonacci levels of $ 0.00002245.
PEPE PRICE is a wild among the spikes of trading activities.
Currently, the third largest MEME COIN PEPE has changed its hand to $ 0.00001324, gaining 4.20% in 24 hours and ranking 33rd in Global Markood CAP. Once again, PEPE TOKEN shows a tremendous amount of $ 13.1 billion, and is abnormally high for memes coins.
James Wynn, a popular derivative merchant, judged as a live data of Hyperliquid, has now risen more than $ 1 million in PEPE TOKEN (PEPE) Long Play. However, PEPE is notorious for rapid price fluctuations in two ways. This over -advertising -based meme coin is a monument of the Internet culture, so the bull depends on the emotions.
on the other way
- In particular, the password whale mentioned above has been wrong in the past, and has lost hundreds of millions of dollars in one game due to a rapid excessive long position.
Why this is important
Even if the merchant guesses the right direction, excessive dramas can still be liquidated, so the world of derivatives has a thin line between confidence and recklessness. On the other hand, derivatives and permanent traders have a greater opportunity to maximize profits.
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People also ask.
According to the report, James Wynn was 40 times longer and 10 times long in Bitcoin using a hyperliequid, 10 times long. This high leverage can lead to tremendous benefits or fatal losses, so you can step on it carefully.
Leverage amplifies profits, but multiplies. Wynn’s $ 500 million Bitcoin liquidation shows how quickly it can be released when the price drops. Always avoid weak and excessive levels to protect the stack.
Whale betting can cause short -term price pumps, but liquidation, such as market volatility and WYNN’s $ 9.9 million loss signal, is highly risk. Do not chase overdose -acute shifts quickly and the basics are more important.
Hyperklicade is a distributed exchange of derivatives famous for its high level of transactions, but even a large player like Wynn can disappear if there is a lack of protection. This approach platform is extremely careful. Leverage is a double -edged sword.
Whale movements such as Wynn ‘s are speculative and dangerous. The net loss of $ 17 million proves that even professionals can be messed up. Stick to a low risk strategy. If you are not sure, do not bet more than you can adhere to HODL.