Whale James Wynn Cuts 40x Leveraged BTC Long Position on Hyperliquid Amid Liquidation Risk

On May 29th, **COINOTAG News** reported that prominent crypto investor **James Wynn** has publicly diminished his exposure in a **40x leveraged BTC long position** on the trading platform **Hyperliquid**. Recent **on-chain data** reveals that his investment was precariously close to liquidation, with just **$100 of margin** left before a potential forced exit from the market. This strategic move underscores the importance of risk management in highly leveraged trading environments, particularly in the volatile **Bitcoin landscape**. As the market remains turbulent, whale movements like Wynn’s serve as critical indicators for retail investors and market analysts alike, emphasizing the need for a cautious approach when engaging in leveraged trades.