TechFlow news, July 10, according to Onchain Lens monitoring, trader James Wynn continues to add to his S&P 500 index short position on Hyperliquid despite multiple liquidations. He established the S&P 500 short position 15 days ago with 50x leverage; since then, the index has risen from around 7,300 points to over 7,550 points, triggering multiple partial liquidations.
Currently, James Wynn holds a short position of 120.9 SP500 contracts, worth approximately $913,000, with a current unrealized loss of about $21,000 and an ROE of -115%; his historical cumulative PnL has dropped to a loss of $22 million. Data shows that after experiencing 7 partial liquidations, he is still continuing to add to this position.
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