BlockBeats News, May 22nd, according to on-chain data, as Bitcoin quickly retreated, it has now fallen below the $1 billion long position (40x leverage) opened by whale James Wynn on Hyperliquid. Current data shows:
Position Value: $1.07 billion
Entry Price: $108,084
Liquidation Price: $103,850
Current Unrealized Loss: Approximately $10 million