Cryptocurrency investor and well-known determine James Wynn has claimed to have revamped $41.69 million in complete earnings this yr by decentralized cryptocurrency buying and selling platform HyperLiquid.
In a press release on social media, Wynn mentioned:
“I’ve made a complete revenue of $41,696,589.75 since I began buying and selling on HyperLiquid this yr. My subsequent purpose is $1 billion. Not for the cash, however to depart a legacy. It’s in all probability not attainable to achieve that purpose this cycle except I take heavy quick positions on the tops. I don’t assume there may be anybody else with my wealth who’s prepared to extend positions with 40x leverage and make investments massive quantities.”
In line with on-chain analytics platform Onchain Lens, Wynn’s floating revenue on HyperLiquid has exceeded $39 million. Wynn’s excessive leverage lengthy positions are as follows:
- PEPE (10x leverage): $23.4 million in on the spot revenue
- TRUMP (10x leverage): $5.7 million in on the spot revenue
- BTC (40x leverage): $4.96 million in on the spot revenue
- FARTCOIN (5x leverage): $4.45 million in on the spot revenue
Nevertheless, it shouldn’t be forgotten that leveraged transactions are extraordinarily dangerous, and such transactions within the already high-risk cryptocurrency market might end result within the lack of the whole funding, together with the principal.
*This isn’t funding recommendation.
