Crypto Whale James Wynn Liquidated in 12 Hours as BTC Soared to New Peaks
Main Idea
Bitcoin's price surged to a new all-time high, disproving skeptics within 12 hours, while a trader experienced significant losses despite the rally.
Key Points
1. Bitcoin's price increased from under $108,000 to over $117,000 in 36-48 hours, reaching a new all-time high.
2. A trader named Wynn opened a trade on Hyperliquid with nearly $28,000 and claimed a referral bonus of over $3,950, but suffered significant losses.
3. The trader deposited an additional $5.5 million USDC to Binance during the price surge.
Description
TL;DR The popular crypto whale going by the X handle James Wynn suffered another painful liquidation, at least for one of their visible wallets, tracked by Lookonchain. This came as bitcoin’s price surge kept going in the past 12 hours or so, hitting a fresh all-time high above $117,000. James Wynn’s $BTC short position got fully liquidated in less than 12 hours, resulting in another loss of $27,921.63! https://t.co/205yuTcrz1 pic.twitter.com/AyVORksque — Lookonchain (@lookonchain) July 11, 2025...
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