Crypto Trader James Wynn Loses Nearly $100 Million Through Risky Bets
In a striking turn of events, high-leverage crypto trader James Wynn has deleted his X (formerly Twitter) account following massive financial losses. Wynn, once known for his aggressive trading style, lost hundreds of millions of dollars in just weeks by taking ultra-high-risk positions on platforms like Hyperliquid.
Wynnâs account, âJamesWynnReal,â now shows as deactivated, with the final bio reading just one word: âbroke.â
From $100 Million to Less Than $10,000
According to wallet tracking tools such as Arkham Intelligence and Hypurrscan, Wynnâs remaining crypto holdings are now valued at just over $10,000âa dramatic collapse from the nearly $100 million he once controlled.
The most significant losses occurred in May 2025, when Bitcoin dipped below $105,000, triggering liquidation on Wynnâs long BTC positions totaling 949 BTC. This event wiped his entire portfolio of Bitcoin-based trades, amounting to tens of millions of dollars lost in a single move.
Admitting to Gambling, Not Investing
Before the collapse, Wynn openly admitted the nature of his strategy. âI do not follow proper risk management. Iâm effectively gambling,â he said in a since-deleted post. Despite repeated warnings, he re-entered the market with another $100 million leveraged position, only to face liquidation once again.
As market volatility continued, Wynn claimed that market makers were deliberately targeting his positions to trigger forced liquidations. He even made a public appeal for donations, receiving funds from at least 24 different wallet addresses.
A Cautionary Tale for the Crypto Community
After receiving new capital, Wynn sold 240 BTCâapproximately $25 millionâto adjust his liquidation threshold, but the move wasn’t enough to save his portfolio. Ultimately, he lost more than 99% of his funds, sparking widespread criticism across the crypto trading community.
Long-term investors have pointed to Wynnâs downfall as a warning against speculative leverage trading, emphasizing the importance of patience, proper risk management, and asset holding strategies.
Final Thoughts
James Wynnâs story illustrates the dangers of unchecked leverage in crypto markets. While the allure of fast profits is tempting, the consequences of poor risk management can be devastatingâeven for traders with nine-figure portfolios.
As the crypto market matures, this episode serves as a reminder that discipline and strategy often outperform risky short-term speculation.
Disclaimer
This content is for informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency trading involves risk and may result in financial loss.