Crypto Risk-Seeker James Wynn Deletes X Account
James Wynn, a crypto trader known for high-leverage bets, has deactivated his X account after suffering significant losses. His wallets now show a balance of only $10,176. Wynn gained notoriety for risky trades on the Hyperliquid platform, losing hundreds of millions of dollars. In May 2025, his $100 million long-BTC positions were liquidated when Bitcoin's price fell below $105,000, resulting in a loss of 949 BTC. He admitted to lacking proper risk management and described his trading as gambling. Despite this, he opened another $100 million Bitcoin bet shortly after the liquidation. Wynn claimed market makers targeted his positions and appealed for donations, receiving funds from at least 24 addresses. He later liquidated 240 BTC to reduce his liquidation price but ultimately lost over 99% of his initial investment, drawing criticism from long-term investors advocating for asset holding over speculative trading.
