James Wynn continues to increase his position in 50x leveraged SP500 short contracts, with a historical cumulative loss of $22 million.
According to Odaily, Onchain Lens monitoring shows that James Wynn (@JamesWynnReal) opened a 50x short position on SP500 on Hyperliquid 15 days ago. Since then, the SP500 index has risen from around 7,300 points to above 7,550 points, triggering multiple partial liquidations. Currently, he holds 120.9 SP500 short contracts, valued at 913,000 US dollars, with a current loss of 21,000 US dollars and a return on investment of -115%. His total historical losses have reached 22 million US dollars. After experiencing seven partial liquidations, he is still increasing his position.
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