BlockBeats News, May 22nd, according to on-chain data, as Bitcoin quickly dropped, whale James Wynn's $1 billion long position opened on Hyperliquid is now experiencing a floating loss of $17 million (previously had a floating profit of over $15 million). Current data shows:
Position Value: $1.064 billion (40X Long)
Entry Price: $108,084
Liquidation Price: $103,850
Floating Loss: Approximately $17.3 million