đ¨Â WTF? Crypto Trader loses $100M on 40x Leverage!
James Wynn recently lost $100 million in one of the wildest liquidation spirals crypto has seen - and he's not tapping out. Hereâs how it happened: in late May, Wynn went full throttle, opening a $1.25B long on Bitcoin with 40x leverage on Hyperliquid. His entry? $107,993. Then BTC dipped below $105K. The result? 949 BTC liquidated. $99.3 million gone in a flash.
But Wynn didnât rage quit. He doubled down, still holding new leveraged positions with massive unrealized losses. This isn't just trading. It's borderline obsession. And somehow, he still has an audience cheering him on. The kicker? Some analysts say Wynnâs losses may have been more for show - peak unrealized profits never locked in. But real or not, the consequences hit hard. After begging for donations and claiming manipulation, Wynn became the cautionary tale of 2025. Whatâs even weirder about the story? One X user supposedly discovered that Wynn was trading longs publicly while trading shorts behind the back. Wtf is really happening? I have no idea.
This is what happens when trading becomes a circus, and you become the act. Bottom line? Leverage can make you rich fast - but it can erase it faster. Follow @Professor Mende - Bonuz Ecosystem Founder for more content! #LeverageTrading #Trading101 #TradingTips #Hyperliquid #TradingStories