{"id":408189,"date":"2025-10-16T03:31:28","date_gmt":"2025-10-15T22:01:28","guid":{"rendered":"https:\/\/dripp.zone\/news\/james-wynn-high-stakes-leveraged-crypto-trader-liquidated-once-again-crypto-news\/"},"modified":"2025-10-16T03:38:15","modified_gmt":"2025-10-15T22:08:15","slug":"james-wynn-high-stakes-leveraged-crypto-trader-liquidated-once-again-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/james-wynn-high-stakes-leveraged-crypto-trader-liquidated-once-again-crypto-news\/","title":{"rendered":"James Wynn, High-Stakes Leveraged Crypto Trader, Liquidated Once Again &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div data-v-43e640e6=\"\">\n<p>James Wynn, a pseudonymous high-leverage crypto trader, was liquidated for about $4.8 million on Wednesday, according to blockchain analytics company Lookonchain.<\/p>\n<p>Wynn opened up $4.8 million in leveraged positions with $197,000 in stablecoins on Tuesday, Lookonchain <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/lookonchain\/status\/1978280993330262297\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">reported<\/a>. \u201cBack with a vengeance, coming to get what\u2019s rightly mine,\u201d Wynn <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/x.com\/JamesWynnReal\/status\/1978285717957562851\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">said<\/a> on Tuesday as he placed his bets.<\/p>\n<p>Wynn opened a 40x long position on 34 Bitcoin (<a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/bitcoin-price\" title=\"null\">BTC<\/a>), valued at $3.85M, a 10x long on 122,000,000 KingPepe (kPEPE) meme tokens, valued at $917,000, and a 10x position on 712 Hyperliquid (HYPE), valued at $28,000, before losing nearly all of it by Wednesday.<\/p>\n<figure><figcaption style=\"text-align: center;\"><em>Source: <\/em><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/1978483470226862479\" rel=\"nofollow noopener\" target=\"_blank\" title=\"https:\/\/x.com\/lookonchain\/status\/1978483470226862479\"><em>Lookonchain<\/em><\/a><\/figcaption><\/figure>\n<p>The wallet associated with Wynn showed a balance of $63,133 at the time of this writing, data from the <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/hypurrscan.io\/address\/0x5078C2fBeA2b2aD61bc840Bc023E35Fce56BeDb6\" rel=\"noopener nofollow\" target=\"_blank\" title=\"null\">Hypurrscan<\/a> block explorer shows.<\/p>\n<p>\u201cIt seems every time he returns to Hyperliquid to open new positions, it doesn\u2019t take long before he gets wiped out,\u201d Lookonchain wrote, highlighting the <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/explained\/james-wynns-big-wins-and-losses-the-truth-about-trading-with-leverage\" title=\"null\">dangers of leveraged trading<\/a> and the potential for rapid, outsized losses.\u00a0<\/p>\n<p><em><strong>Related: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/top-5-crypto-traders-to-watch-in-2025-from-james-wynn-to-machi-big-brother\" title=\"null\"><em><strong>Top 5 crypto traders to watch in 2025: From James Wynn to Machi Big Brother<\/strong><\/em><\/a><\/p>\n<h2>Wynn becomes famous in the crypto community for huge liquidations<\/h2>\n<p>Wynn has gained widespread notoriety in the crypto community for making and losing hundreds of millions of dollars through trading leveraged crypto perpetual futures contracts, which are similar to traditional futures contracts but feature no expiration date.<\/p>\n<p>Many exchanges allow traders to use leverage, or margin, to take positions several times larger than their posted collateral, making meteoric gains and catastrophic losses within a short time frame possible.<\/p>\n<p><template data-ct-widget=\"buzzsprout\" data-buzzsprout-podcast-id=\"2040516\" data-buzzsprout-episode-id=\"17370097\"\/><\/p>\n<p>Wynn made headlines in May when he was <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/hyperliquid-whale-loss-100-million-bitcoin-dips-below-105\" title=\"null\">liquidated for $100 million<\/a> after the price of BTC dropped to $105,000, taking out his long BTC positions.<\/p>\n<p>However, he came back with <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/james-wynn-2nd-100m-bitcoin-bet-hunting-me\" title=\"null\">another $100 million leveraged BTC order<\/a> days later, after Wynn asked followers on social media to donate so he could continue trading.<\/p>\n<p>The second $100 million leveraged position was also liquidated, prompting Wynn to temporarily <a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/news\/james-wynn-deactivates-x-account\" title=\"null\">deactivate his X social media account<\/a> and take a short break from the world of high-leverage crypto trading.<\/p>\n<p><em><strong>Magazine: <\/strong><\/em><a rel=\"nofollow\" target=\"_blank\" data-ct-non-breakable=\"null\" href=\"https:\/\/cointelegraph.com\/magazine\/beyond-peak-memecoin-solana-100x-better-despite-revenue-plunge\/\" title=\"null\"><em><strong>Memecoins are ded \u2014 But Solana \u2018100x better\u2019 despite revenue plunge<\/strong><\/em><\/a><\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\" label=\"Subscription Form: DeFi Newsletter\"\/><\/div>\n","protected":false},"excerpt":{"rendered":"<p>James Wynn, a pseudonymous high-leverage crypto trader, was liquidated for about $4.8 million on Wednesday, according to blockchain analytics company Lookonchain. Wynn opened up $4.8 million in leveraged positions with $197,000 in stablecoins on Tuesday, Lookonchain reported. \u201cBack with a vengeance, coming to get what\u2019s rightly mine,\u201d Wynn said on Tuesday as he placed his [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":408190,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-408189","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/408189","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=408189"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/408189\/revisions"}],"predecessor-version":[{"id":408191,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/408189\/revisions\/408191"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/408190"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=408189"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=408189"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=408189"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}