PANews reported on May 23 that according to on-chain analyst Yu Jin, James Wynn and three other traders held a total of $1.188 billion worth of BTC long positions on the Hyperliquid platform, all using 40x leverage. Wynn's position alone reached $807 million, with a long position of 7,225 BTC and a floating profit of about $20.29 million. The other three held 1,500, 1,000 and 900 BTC respectively, and currently also had varying degrees of floating profits, indicating a strong bullish sentiment in the market.