Whale already sitting on a $11,000 paper profit

Whale already sitting on a $11,000 paper profit

The wallet, identified as “0x1f25,” was created earlier today and promptly funded with $10 million in USDC stablecoin.

The trader then opened a 511.5 BTC position on the decentralized exchange Hyperliquid, using full cross-margin leverage.

With an entry price of $106,538 and a liquidation level of $88,141, the trader is currently sitting on over $11,000 in paper profit, a modest but strategic gain amid increasing market momentum.

Some traders believe the whale behind wallet “0x1f25” may be James Wynn, a high‑profile Hyperliquid trader who recently suffered massive liquidations.

Wynn lost an initial $99.3 million when BTC fell below $105,000 on May 30, as two long positions totaling 949 BTC were wiped out. A week later, on June 4, he took an additional $25 million hit when 240 BTC in another leveraged position were liquidated.

Despite these setbacks, Wynn has quickly opened fresh mega‑bets and maintains a pattern of entering new high‑leverage trades, matching the aggressive style behind wallet 0x1f25.