The Dramatic Loss of James Wynn's $87M Crypto Portfolio in Less Than a Week: An In-Depth Analysis

James Wynn, recognized for his high-risk leverage trades in the digital asset space, recently lost his $87 million portfolio in five days. Wynn had entered a long BTC position of $390 million, which he increased to $1.25 billion with 40x leverage, yielding an unrealized profit of $87 million.

However, a market downturn caused by tariff threats from Donald Trump resulted in significant losses. Despite this, Wynn managed to end with a profit of $25 million. He then engaged in more high-risk trades, still using 40x leverage. In a surprising turn of events, an anonymous trader made $5.6 million in three days by consistently taking the opposite side of Wynn's trades.

Wynn's portfolio, which took 70 days to build, was nearly wiped out in just five days.