Trader James Wynn's $27.9K Loss: Bitcoin Short Position Liquidated Within 12 Hours

Gate News bot message, trader James Wynn experienced a complete liquidation of his Bitcoin short position within 12 hours, resulting in a loss of $27,921.63. Prior to the liquidation, Wynn had deposited 27,522 USDC into Hyperliquid and received a $3,960.84 referral reward. He then established a 40x leveraged BTC short position worth approximately $1.27 million (11.45 BTC) with a liquidation price of $112,360.

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