Whale James Wynn's Bitcoin Long Position Reaches $40 Million in Unrealized Gains

BlockBeats News, May 22nd, according to on-chain data, as the Bitcoin price broke through $111,000 once again to hit a new all-time high, whale James Wynn's 40x leveraged Bitcoin long position on Hyperliquid has increased in value to $1.14 billion. The current data is as follows:

Position Value: $1.14 billion

Entry Price: $108,065

Liquidation Price: $103,770

Unrealized PnL: $40 million