Crypto trader James Wynn opened a 25x leveraged long position in gold on Hyperliquid, according to Lookonchain monitoring. According to Foresight News, Wynn opened a 10.03-unit xyz:GOLD long position with an estimated size of about $43,000, with a liquidation price set at $4,267.

The trade marks Wynn’s first gold transaction on Hyperliquid, the report said.