Famous Trader Uses Rebate Income to Short BTC Again, Position Shrinks to $50K

After BTC dropped 6% today, well-known perpetual trader @JamesWynnReal is back at it with rebate-funded micro trades : using $1,430 in rebate income to open a 40x short on 0.85 BTC ($57K). Entry price: $67,466, liquidation price: $68,232. This is the same trader who previously held $1.23 billion positions, but now can only manage $50K positions. Last June, he lost $100 million on Hyperliquid (including $87M in profits + $21.77M principal), and since then, he’s basically been playing around with rebate-funded "micro trades." But even these micro trades always end in liquidation . Address: https://(hypurrscan.io)/address/0x5078c2fbea2b2ad61bc840bc023e35fce56bedb6 perps -------------------------------------------------------------------------- Bitget: VIP treatment as soon as you join! Crypto, US stocks, CFDs—global opportunities all in one place.