James Wynn Doubles Down on Bitcoin After Hyperliquid Exit, Commits $100 Million in Risky Long Position

High-risk crypto trader James Wynn has bounced back after suffering a major loss of over $178 million from his bitcoin investments. He recently exited perpetual trading on Hyperliquid, selling all 126,116 HYPE tokens he held for an estimated profit of $4.13 million. Now, Wynn is venturing into a high-risk strategy with a massive $100 million bet on Bitcoin. He has opened a significant long position, holding nearly 945 BTC, at a leverage ratio of 40x, increasing his potential gains but also raising the risk of substantial losses.