BTC 40x Short Bet: James Wynn Deposits $3,918 into Hyperliquid and Claims Referral Reward, Unrealized Profit $1,710

BTC

BTC/USDT

$71,354.77

+3.55%

$71,354.77

+3.55%

(24s)

24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short

65.5%

Long: 65.5%Short: 34.5%

Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$71,351.87

▲ 2.98%

Volume (24h): -

Resistance Levels

Resistance 3$79,008.03

Resistance 2$75,548.63

Resistance 1$72,179.52

Price$71,351.87

Support 1$70,589.27

Support 2$67,300.00

Support 3$62,909.86

Pivot (PP):$70,598.27

Trend:Downtrend

RSI (14):35.3

COINOTAG News reported on October 28, citing Onchain Lens data that James Wynn deposited $3,918 into Hyperliquid and claimed a referral reward to amplify a BTC short position at 40x leverage.

As of the latest readings, the position shows a unrealized profit of $1,710, highlighting the dynamic risk-reward profile characteristic of high-leverage cryptocurrency trading and the impact of liquidity venues on short-side bets.

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