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Hyperliquid sees $1.1B Bitcoin long bet opened at 40x leverage

Cointelegraph.com NewsA crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the first-ever position exceeding $1 billion on the platform.The X account “James Wynn” claims to be behind the position, which is now up $36 million on the trade, data… 

​A crypto whale has expanded an existing 40x leverage long Bitcoin bet to $1.1 billion on the decentralized exchange Hyperliquid, which has stunned the crypto community and is believed to be the first-ever position exceeding $1 billion on the platform.The X account “James Wynn” claims to be behind the position, which is now up $36 million on the trade, data… 

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