Latest news with #Hyperliquid
Yahoo
8 hours ago
- Business
- Yahoo
James Wynn loses $55M after high-leverage bet
Hyperliquid's most well-known whale, self-described "high-risk leverage trader" James Wynn, is experiencing a massive loss after abandoning his substantial Bitcoin exposure following a harsh seven-day drawdown, according to data. At 16:00 UTC on Tuesday, Wynn closed parts of a 40× leveraged long position, leaving a $200 million BTC-perp position with an unrealized loss of approximately $800,000. Between May 5 and May 23, Wynn's cumulative profit skyrocketed from $5.7 million to $87 million, before plummeting to $1.91 million today—a $55.3 million swing over one week. Wynn shot to fame in March when he started streaming his Hyperliquid trades, making $46.5 million in under 2 months, and paying the exchange over $2.3 million in fees. His biggest winners, according to Tiger Brokers, were a PEPE long worth $25.2 million and a BTC long worth $16.9 million. The tides turned on May 25 when he saw $15.9 million of loss from a liquidated $1 billion BTC short, which was followed by a liquidation of a $1.25 billion long position that was closed at a $13.4 million loss, and a bloodletting in terms of red ink across ETH, SUI, the 10× PEPE punt as well. In addition to his major successes and failures, Wynn is accused of also pushing smaller meme coins like ELON, WYNN, and MOONPIG, and selling them once they spiked. This is called "pump-and-dump," but Wynn says that he is simply an investor. Critics argue that the chain of events underscores the risks associated with copy-trading social media personalities. At the same time, supporters believe Wynn's radical transparency is refreshing in a world dominated by shadowy whale investors. James Wynn loses $55M after high-leverage bet first appeared on TheStreet on May 28, 2025 Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
James Wynn, the Trader Who Bet $1B on Bitcoin, is Now Long Pepe
One of the most closely watched crypto wallets in recent weeks is now betting on pepe (PEPE), days after drumming up a record billion-dollar notional position on bitcoin BTC on the onchain trading platform Hyperliquid. The wallet has gone long on PEPE with $1 million at 10x leverage, flipping from billion-dollar bitcoin trades to high-stakes memecoin bets. The position is already up $500,000 as of European morning hours, with pepe up nearly 6% in the past few hours. Pseudonymous trader 'James Wynn' — known as 'moonpig' on decentralized exchange Hyperliquid — closed their $1.2 billion BTC long position with a $17.5 million loss on Monday. Wynn then opened a $1 billion short using 40x leverage, effectively wagering their entire $50 million wallet on the downside. Both positions are a record for an onchain platform and represent the biggest bets placed entirely on a blockchain-based service. Wynn's new short was opened at an average price of $107,077, and has already netted about $3 million in profit as BTC hovered just below that level Monday, before losing some value. The trade is a high-risk musical chairs event: if BTC rises above $110,446, Wynn's position could be liquidated unless additional collateral is posted, data shows. That position is since closed and Wynn said on X stepping away from perpetual trading altogether. They have netted a total profit of $25 million from an initial above $3 million, the account said on X. 'Now decided to leave the casino with my $25,000,000 profit,' he posted. 'It's been fun, but now it's time for me to walk away a wynner.' Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Mayor
4 days ago
- Business
- Business Mayor
Bitcoin Short Positions Increase as Market Sentiment Shifts to Fear
Bitcoin recently broke above the $111,000 mark, setting a new all-time high. However, data across major exchanges suggests that traders are growing increasingly wary of a sustained rally. CoinGlass data indicate that over 53% of Bitcoin positions are currently short, meaning a majority of traders are betting on a price drop. By contrast, just 47.43% of active positions are long. The pattern is mirrored on Binance, where short trades make up 54.05% of open interest, compared to 45.95% for longs. This growing tilt toward shorts reflects mounting skepticism in the market, despite Bitcoin reaching new highs. The sentiment shift is reinforced by the latest move from prominent crypto whale James Wynn, who reversed his bullish stance after a multi-million dollar loss. Wynn had previously maintained an aggressively leveraged 40x long position worth around $1.25 billion but exited after Bitcoin's price dipped from $109,000 to roughly $107,107. The trader closed his long exposure at a loss of $13.39 million, with liquidation unfolding in under an hour on May 25. He has since opened a short position of 3,523 BTC—valued at approximately $377 million—at an entry price of $107,128. The new trade carries a liquidation threshold near $118,380. James Wynn Bitcoin Bet on Hyperliquid. Source: X/EmberCN Market analysts have suggested that Wynn's pivot reflects broader signs of exhaustion in the current bull cycle. According to blockchain analytics firm Alhpractal, short-term holders (STHs) have begun distributing coins. Historically, a decline in STH supply often signals that Bitcoin is approaching a local top. The firm noted that the Short-Term Holder Realized Price currently stands at $94,500, which is the last strong support before losses set in. Read More German government sells remaining Bitcoin holding - baha news In contrast, long-term holders (LTHs) remain firm, with their realized price climbing to $33,000—highlighting a widening behavioral gap. Bitcoin Short-Term Holders Distribution. Source: Alphractal Alphractal stated that while Bitcoin previously hit record highs under similar conditions in 2021, it warned that the current cycle may be nearing exhaustion. It added that several macro indicators and historical halving trends point to a possible correction after October 2025.
Yahoo
5 days ago
- Business
- Yahoo
CFTC's Plans for Crypto Perpetual Trading Puts Focus on Hyperliquid's HYPE
Hyperliquid's native token, HYPE, jumped 15% on Thursday, outperforming the broader crypto market, after the team said it submitted formal responses to the U.S. Commodity Futures Trading Commission (CFTC) regarding proposed regulation of perpetual swaps and 24/7 crypto trading. In an X post early Friday, Hyperliquid Labs said it filed two comment letters supporting the CFTC's proactive stance and urging regulators to embrace decentralized finance (DeFi) frameworks as a path to building safer, more efficient financial products. The submission marks a rare instance of a DeFi-native protocol engaging directly with U.S. regulators, signaling both rising maturity in the sector and growing urgency around shaping favorable policy frameworks. 'We believe that Hyperliquid exemplifies how core DeFi principles can be put into practice to enhance market efficiency, integrity, and user protection,' the team wrote. 'Supporting DeFI in the U.S. with open dialogue and a clear regulatory framework is an opportunity to ensure the U.S. remains a leader in financial innovation while robustly protecting users.' The CFTC had requested public input on how to approach crypto derivatives in a round-the-clock trading environment. Hyperliquid — which runs its own high-performance, level-1 blockchain and supports permissionless perpetual trading — framed its submission as a case study in how decentralized infrastructure can meet, and potentially exceed, the standards of traditional markets. With on-chain volumes surging and whales like 'James Wynn' placing billion-dollar positions on Hyperliquid, as reported Thursday, attention around the protocol is intensifying and traders are betting that early regulatory engagement could further legitimize HYPE's long-term upside. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
6 days ago
- Business
- Zawya
Hyperliquid price prediction 2026 hints at $73, but can it keep up with qubetics' 5284% ROI potential?
The year 2026 is expected to be pivotal for the cryptocurrency market, with top altcoins showing signs of strong growth. One standout project capturing significant investor attention is Hyperliquid (HYPE). According to recent forecasts, Hyperliquid Price Prediction 2026 suggests a year marked by remarkable growth and sharp volatility. Trading is expected within a channel of $35.67 to $73.83, with an average price of $54.45 throughout the year. ContentsA Glimpse into Hyperliquid's Forecast: What to Expect in 2026Price Channel for 2026: A Bullish RangeQ1 2026: Kicking Off with StrengthJanuary: Market Optimism Takes OffFebruary: Stable Climb ContinuesMarch: Hyperliquid's Peak PerformanceQ2 2026: Bull Run StrengthensApril and May: Riding the HighsJune: Slight Cooling, Still BullishQ3 2026: Market Consolidation BeginsJuly: Signs of CorrectionAugust and September: Mild DeclineQ4 2026: Return to Baseline and New Entry PointsOctober: Yearly Lows Provide Re-EntryNovember and December: Slow RecoverySpotlight on Qubetics: A Challenger with Massive ROI PotentialFinal Thoughts: Is Hyperliquid Still Worth It?For More Information: In parallel, another project making waves in the crypto community is Qubetics, which is currently in the 35th stage of its presale. As the Qubetics presale gains momentum, the question emerges: Can Hyperliquid match the kind of explosive growth predicted for Qubetics in 2026? A Glimpse into Hyperliquid's Forecast: What to Expect in 2026Price Channel for 2026: A Bullish Range Hyperliquid Price Prediction 2026 indicates a broad trading range between $35.67 and $73.83, showcasing bullish potential. Analysts project a steady climb in price, peaking during the first half of the year before a moderate market correction. This forecast positions Hyperliquid as one of the promising contenders in the altcoin space for 2026. Q1 2026: Kicking Off with StrengthJanuary: Market Optimism Takes Off HYPE is expected to surge in January, with a minimum of $45.35 and a maximum of $57.44. The average price is forecasted at $52.22, setting a positive tone. Hyperliquid Price Prediction 2026 for January reflects investor enthusiasm, yielding a potential ROI of over 117% compared to today's levels. February: Stable Climb Continues The February Hyperliquid Price Prediction 2026 remains optimistic, with the token priced between $48.21 and $51.89, averaging around $49.75. While gains are moderate, the upward trajectory stays intact. March: Hyperliquid's Peak Performance March is projected to be the most bullish month, with HYPE potentially hitting its yearly high of $73.83. The average price of $59.53 indicates massive trading activity. Hyperliquid Price Prediction 2026 in March signals a potential ROI of 179.44%, making it a key target for traders. Q2 2026: Bull Run StrengthensApril and May: Riding the Highs April and May are forecasted to maintain near-peak prices. In April, HYPE could trade between $63.89 and $73.61, while in May it may range from $64.41 to $72.80. During this period, the Hyperliquid Price Prediction 2026 showcases persistent strength, with average monthly prices nearing $70, signaling high confidence in the token's market position. June: Slight Cooling, Still Bullish June brings a modest decline, with prices averaging $67.98. Even with a slight dip, the Hyperliquid Price Prediction 2026 remains highly favorable, showing continued market optimism. Q3 2026: Market Consolidation BeginsJuly: Signs of Correction July's average price dips to $60.79, with HYPE trading as low as $52.85. The Hyperliquid Price Prediction 2026 hints at a market cooldown, possibly driven by profit-taking and macroeconomic shifts. August and September: Mild Decline In August, Hyperliquid is expected to hover around $54.89, while in September the average drops to $46.49. Despite lower averages, the Hyperliquid Price Prediction 2026 still offers over 100% ROI from current levels, making it a viable option for long-term holders. Q4 2026: Return to Baseline and New Entry PointsOctober: Yearly Lows Provide Re-Entry October may mark the low point for HYPE, trading between $35.67 and $44.64. This phase could offer an attractive re-entry for new investors. According to the Hyperliquid Price Prediction 2026, even the lowest projections outperform current prices by a significant margin. November and December: Slow Recovery November brings moderate recovery, with HYPE climbing back to an average of $39.31, followed by $42.25 in December. The final months, while not as explosive, close the year with stability, reaffirming the overall bullish Hyperliquid Price Prediction 2026. Spotlight on Qubetics: A Challenger with Massive ROI Potential While Hyperliquid is forecasted to perform strongly, Qubetics is making its own headlines with an aggressive presale and massive ROI projections: Current Price of $TICS (Qubetics Token): $0.2785 After Presale Predictions:$1 per TICS → 258% ROI$5 per TICS → 1694% ROI$6 after Mainnet Launch → 2053% ROI$10 after Mainnet Launch → 3489% ROI$15 after Mainnet Launch → 5284% ROI Qubetics is quickly emerging as a high-growth contender. Its 35th crypto presale stage is open to all investors and offers TICS tokens at $0.2785. The project has already attracted a substantial community. The scale of adoption—over 26,800 holders and $17.2 million raised—suggests a well-backed ecosystem with long-term ambitions. Final Thoughts: Is Hyperliquid Still Worth It? HYPE is positioned for strong performance based on the Hyperliquid Price Prediction 2026, particularly in the first half of the year. With highs reaching $73.83 and average prices maintaining strength above $50, HYPE offers substantial upside for both new and seasoned investors. However, when compared to the explosive ROI potential of Qubetics, some investors may diversify their portfolios to include both tokens. Whether holding Hyperliquid or exploring new opportunities like Qubetics, 2026 is shaping up to be a year of significant gains. The key will be timing entries wisely—early months for HYPE and now for Qubetics—to maximize returns in a market primed for growth. Hyperliquid Price Prediction 2026 remains one of the most talked-about topics among analysts, and rightfully so. Its consistent appearance in bullish forecasts reflects confidence in its technology and market presence. Still, the rise of presale stars like Qubetics reminds us that in crypto, early moves often yield the greatest rewards. For More Information:Qubetics: Presale: Twitter: Copyright © 2022 Nigerian Tribune Provided by SyndiGate Media Inc. (
