James Wynn closed his position with a loss of over $650000, switching from long to short positions

BlockBeats news, on July 25th, according to Onchain Lens monitoring, James Wynn has closed his BTC (40x leverage) and PEPE (10x leverage) long positions, with a loss of $657172, and has opened a PEPE (10x leverage) short position. He has deposited 1.25 million USDCs in Hyperliquid and currently only has 214000 USD left.