A Hyperliquid trader known as James Wynn has seen his Bitcoin long bets on the platform liquidated for almost $100 million after Bitcoin dipped below $105,000. Wynn had made two significant…
In brief
The wallet behind the trade had built a 40x leveraged long on Bitcoin before being wiped out.
The position unraveled even as Bitcoin stayed within a narrow 2% trading range,…
A Hyperliquid trader has pulled off an explosive and high-risk trading run, turning a $3 million deposit into $27.5 million in profit in just 52 days. Between April 7 and April…
This is a segment from the Lightspeed newsletter. To read full editions, subscribe.Not many of crypto’s top 15 tokens by market capitalization were first issued after FTX’s collapse. Two exceptions…
Reason to trust
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A hype surge has driven HYPE token to an impressive 12.5% gain, and it’s now trading at $38.56 despite the recent security breach that compromised Hyperliquid‘s official X account. This…
Well-known Hyperliquid trader James Wynn has increased his 40x leverage long Bitcoin bet to $1.25 billion after closing his $PEPE position for a $25.2 million profit.On May 24, Lookonchain reported…
Hyperliquid Labs submitted two formal comment letters to the U.S. Commodity Futures Trading Commission (CFTC) on May 23 in response to recent calls for public input on the future of…
Shaurya is the Co-Leader of the CoinDesk tokens and data team in Asia with a focus on crypto derivatives, DeFi, market microstructure, and protocol analysis.Shaurya holds over $1,000 in BTC,…
Hyperliquid, a decentralized perpetuals exchange operating on its own layer-1 blockchain, has submitted formal comments on 24/7 derivatives trading to the United States Commodity Futures Trading Commission (CFTC).In a May…