{"id":32311,"date":"2025-06-17T16:17:22","date_gmt":"2025-06-17T16:17:22","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=32311"},"modified":"2025-06-17T16:17:22","modified_gmt":"2025-06-17T16:17:22","slug":"hyperliquid-trader-turns-10m-profit-into-2-5m-loss-as-bitcoin-falls","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=32311","title":{"rendered":"HyperLiquid Trader Turns $10M Profit Into $2.5M Loss as Bitcoin Falls"},"content":{"rendered":"
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A trader on decentralized derivatives exchange HyperLiquid has turned an unrealized $10 million profit into a $2.5 million loss, seemingly caught by the same trap that tripped up a person using the alias James Wynn, who blew up a $100 million account in May<\/a>, after bitcoin BTC fell 4% from Monday’s high.<\/p>\n

The trader, known as AguilaTrades<\/a> on X, entered a bitcoin long position at $106,000, and sat through at Monday’s high of $108,800 before the largest cryptocurrency took a tumble to trade recently around $104,000.<\/p>\n

Bitcoin volatility has been relatively low for months, with the price ranging between the $100,000 level of support and record highs around $110,000. That hasn’t perturbed derivatives traders, who are continually betting on upside with leverage, subsequently getting chopped in a tight range.<\/p>\n

\"BTC\/USD<\/p>\n

It’s not the first time AguilaTrades has recorded a losing trade at these levels. Last week they were up $5.8 million on a BTC long before losing $12.5 million, according to Lookonchain<\/a>.<\/p>\n

On paper the trade has credentials because BTC has managed to remain above $100,000 despite escalating conflict in the Middle East, which is typically a catalyst for downside in risk assets.<\/p>\n

However, remaining agnostic to price action in this range and simply buying support and selling resistance would have yielded far greater results. Bitcoin has been trading in this range since May 9 with numerous attempts at breaking support and resistance along the way.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

A trader on decentralized derivatives exchange HyperLiquid has turned an unrealized $10 million profit into a $2.5 million loss, seemingly caught by the same trap that tripped up a person using the alias James Wynn, who blew up a $100 million account in May, after bitcoin BTC fell 4% from Monday’s high. The trader, known […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-32311","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32311","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=32311"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/32311\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=32311"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=32311"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=32311"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}