PANews reported on May 26 that according to Yu Jin, James Wynn closed a short position worth $1 billion this morning and opened a high-leverage long position on Hyperliquid in the afternoon. He longed 1,594 BTC with 40x leverage, with a position value of about $175 million, an opening price of $109,813, and a liquidation price of $105,734. He also longed about 1.42 trillion PEPE with 10x leverage, with a position value of $19.71 million. He has been opening positions in the afternoon and closing them in the morning for the past two days.