Replace (July 12, 2025 23:17 UTC This text has been up to date so as to add extra data on the final recognized state of James Wynn’s X profile.
James Wynn, a crypto dealer recognized for his high-leverage crypto bets, seems to have deactivated his X social media account, following nine-digit losses.
Wynn’s X deal with “JamesWynnReal” now routes to a web page that claims “This account doesn’t exist. Attempt trying to find one other.”
The dealer’s wallets present a mixed steadiness of simply $10,176, in accordance with balances displayed by Arkham Intelligence and Hypurrscan.
Cointelegraph reached out to Wynn for remark however was unable to get in contact with the dealer. Earlier than deleting the X account, Wynn modified his profile bio to 1 phrase: “broke.”
Crypto merchants saved a detailed eye on Wynn’s high-leverage and high-risk bets, which regularly went towards market sentiment, inflicting the dealer to lose a whole bunch of thousands and thousands of {dollars} within the course of.
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James Wynn misplaced large sums making high-risk bets
Wynn gained widespread notoriety among the many crypto group for extremely leveraged crypto trades on the Hyperliquid platform.
In Could 2025, the dealer’s $100 million in long-BTC positions had been liquidated after the value of Bitcoin dipped beneath $105,000, wiping away 949 BTC from his account. Wynn wrote in a now-deleted submit shortly earlier than the liquidation:
“I don’t observe correct threat administration, nor do I declare to be knowledgeable; if something, I declare to be fortunate. I’m successfully playing, and I stand to lose all the pieces. I strongly advise folks towards what I’m doing.”
Wynn opened up one other $100 million Bitcoin guess days after the implosion of the long-BTC positions taken in Could.
The high-leverage Hyperliquid dealer claimed that his positions had been being intentionally focused by market makers who had been trying to liquidate his bets.
He issued an enchantment to the crypto group for donations to fund his account, and at the least 24 completely different addresses despatched cash to the dealer.
Instantly afterwards, Wynn introduced that he had liquidated 240 BTC, value about $25 million on the time, to “decrease the liquidation value” of the remaining BTC positions.
Regardless of the evasive maneuvers, Wynn was unable to maintain the big positions and misplaced properly over 99% of the $100 million, drawing criticism from long-term traders, who used it for instance for example the advantages of holding property slightly than participating in high-risk short-term value hypothesis.
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