$345 liquidated from the crypto market in under an hour.
This occurred as BTC price dipped to below $105,000.
James Wynn lost $99,300,000 in just one week.
Several traders experienced a brutal loss in their funds, as many trading orders got wiped out. In detail, a total of $345,000,000 was liquidated from the crypto market in under an hour as the price of Bitcoin (BTC) dipped below the $106,500 price mark. A huge chunk of this loss, almost one-third, was traced to the risky trader James Wynn, who got liquidated for 949 BTC worth $99.3 million.
$345 Million Liquidated From Crypto Market in Under an Hour
Towards the end of the final week of May 2025, the crypto market experienced a dip that took the price of Bitcoin (BTC) from the $110,000 price range to just below the $105,500 target. This move led to heavy liquidations from many prominent traders and huge BTC whales, leading to significant losses in a very short time. In fact, this dip in BTC price led to a liquidation of $345 million from the crypto market in under an hour.
https://twitter.com/WatcherGuru/status/1928266413451469184
According to CoinMarketCap analytics, the price of the pioneer cryptocurrency, Bitcoin (BTC) sits at $106,116 with a total market cap of $2,108,634,774,804.87 and a 24-hour trading volume of $58,343,434,011.91. The asset is down by 1.47% in the last 24 hours and is now just over 5% of the BTC ATH price set 8 days ago at $111,970.17. Analysts expected the price of BTC to hit higher ATH prices, leading to daring trade signals which, when the price dipped, led to an unfortunately high liquidation.
To highlight, once BTC set a new ATH last week, analysts expected the asset to surge to claim even greater ATH prices between $116,000 and $120,000, before moving even higher. This led to some pretty bold trades from analysts who believed the price of BTC would not fall below $107,000 in its bullish frenzy. Although some analysts expected a greater dip towards the $99,000 price range.
James Wynn Loses Almost $100,000 Million
Is Bitcoin dipping towards this target before surging back up to claim these new targets? Some analysts believe and have taken cautious measures to ensure that their funds would not be liquidated. Unfortunately, the BTC whale, James Wynn, did not predict this dip in BTC price and hoped to see the asset hit new ATHs. This move has cost him dearly as his trade order has left him with a painful loss of 949 BTC liquidated.
https://twitter.com/lookonchain/status/1928259143120630038
As we can see from the post above, this 949 BTC was liquidated when the price of BTC dipped below $105,000 earlier today, leading to a loss of $99.3 million in just a week for James Wynn. This liquidation led to similar reactions from risk-taking crypto traders around the world, leading to a liquidation of over 300 million in under an hour. Will BTC continue to hit lower targets, or will it surge towards new ATHs?