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High-Leverage Crypto Trader James Wynn Deletes X Account After Nine-Digit Losses

2025-07-13 14:11:34

High-Leverage Crypto Trader James Wynn Deletes X Account After Nine-Digit Losses

Main Idea

Crypto trader James Wynn deactivated his X account after suffering massive losses from high-leverage trading, including a $100 million Bitcoin liquidation, while Hyperliquid exchange saw record trading volume growth.

Key Points

1. James Wynn, a high-leverage crypto trader, deleted his X account following nine-figure losses, with his wallets now holding just over $10,000.

2. Wynn's $100 million Bitcoin long position was liquidated in May 2025 after the price fell below $105,000, resulting in the loss of 949 BTC.

3. Prior to deleting his account, Wynn updated his bio to 'Broke' and attempted to reduce liquidation risk by selling 240 BTC worth around $25 million.

4. Hyperliquid exchange reached a record $248 billion in monthly trading volume in May 2025, a 51.5% increase from April and an 843% year-over-year growth.

5. Hyperliquid's market share relative to Binance grew, accounting for 10.54% of Binance's perpetual futures volume in May, up from 9.76% in April.

Description

James Wynn, a crypto trader known for placing massive leveraged bets, has deactivated his X account following staggering nine-figure losses. Key Takeaways: James Wynn deleted his X account after suffering nine-figure losses from risky, high-leverage crypto trades. His Bitcoin positions on Hyperliquid were liquidated multiple times, wiping out nearly all his holdings. Wynn’s dramatic downfall serves as a warning against aggressive speculation in volatile markets. His former handle, “ JamesWynnRea...

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Tags:
News hyperliquid James Wynn Trading
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