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Hyperliquid degen James Wynn deletes ‘cabal’ donation post

James Wynn has deposited almost $40K of donated funds into his Hyperliquid account to support his now $140M perpetual trade.

Hyperliquid loser James Wynn got rekt, gambled $20K in donations

James Wynn said he needed donations to help him fight the “cabal” after already losing millions on crypto derivatives exchange Hyperliquid.

Hyperliquid leaderboards appear to rank an enviable list of traders by their supposed profits, but that ranking is misleading.

According to X users, the wallet placed a 20x leverage trade on the price of ETH that would liquidate if it fell to $1,745. On Sunday, it did.

Marketers broadcasting metrics about Hyperliquid have used clever ways to manipulate the figures to make it seem like a Binance competitor.