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James Wynn adds to his S&P 500 short position, with cumulative losses reaching $22 million
Deep Tide TechFlow message: On July 10, according to Onchain Lens monitoring, trader James Wynn, despite being liquidated multiple times, continued to add to his S&P 500 index short position on Hyperliquid. He opened the S&P 500 short at 50x leverage 15 days ago; since then, the index has risen from around 7,300 to above 7,550, triggering multiple partial liquidations.
Currently, James Wynn holds a short position of 120.9 SP500, worth about $913k. His unrealized loss is currently about $21k, with ROE of -115%. His historical cumulative profit and loss has fallen to a loss of $22 million. The data shows that after 7 partial liquidations, he is still continuing to add to this position.