On May 31, prominent high-risk, high-reward crypto trader James Wynn, known for opening high-leverage positions on-chain, suffered substantial losses when the market turned on him
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CZ suggests building a ‘dark pool’ for DEX perpetual futures after James Wynn’s major loss
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CZ’s proposal to build a dark pool-style decentralized exchange for perpetual futures was prompted by the $100 million liquidation of trader James Wynn, an event attributed to the public visibility of his highly leveraged on-chain positions on Hyperliquid.
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