In the world of crypto, high stakes often lead to high drama—and James Wynn’s story is the latest proof. Known for his massive, high-leverage trades on Hyperliquid, Wynn went from unrealized profits of $85 million to holding just $23 in his account.

The downfall started with a $1.25 billion long on Bitcoin, which turned into a $37 million loss as prices tumbled. Wynn tried to bounce back by betting on memecoins like PEPE$PEPE , TRUMP$TRUMP , and even FARTCOIN, but the market had other plans. His wild swings captivated the community, making him one of the most-watched traders in the space.

Despite the liquidation, Wynn isn’t backing down. On X, he said: “I’ll run it back, I always do. I like playing the game.”

This story is a stark reminder: Big wins in crypto can vanish in a flash—always manage your risk.

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