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Last week, degen James Wynn lost $100 million in liquidations on Hyperliquid.
The losses — 949 BTC ($99.3M) and 982.5M kPEPE ($11.6M) — came as Bitcoin dropped below $105K, triggering his 40x leveraged positions. But here's where it gets interesting: Wynn claims he wasn't just unlucky. He believes he was hunted.
"One thing for sure is that I have exposed just how corrupt these markets are," Wynn posted, claiming that market participants orchestrated a "liquidation hunt" to blow out his visible positions, pushing prices just low enough to trigger his liquidations before letting them recover.
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