James Wen is back! This 'King of Leverage' is at it again 😂
First, he received an invitation reward of $1,654, then boldly deposited 3,911 USDC and opened a 40x short position on HyperLiquid — 2.69 BTC (worth about $190,000)!
Liquidation price: $71,112.48
That means... if BTC just rises a bit over 2%, he’ll have to say goodbye to this capital 🤏💥
Is this guy: - using the free rewards to go all in
or preparing to show us an inspiring sequel of 'Millionaire Becomes a Negative Millionaire'?
Or did he secretly buy insurance, wanting to give us a big reversal?
Now BTC is hovering around 70k, just a thin layer away from the liquidation line.
Are you trying to give us a whole '40x Speed Bankruptcy' documentary? Hurry up and update us, don’t hold back! $BTC

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#Hyperliquid #BTC #LeverageWarrior