James Wynn is a renowned Bitcoin contract trader (commonly referred to as a 'whale') who has recently encountered a series of significant losses in the Bitcoin market. As of June 2, 2025, his total losses are estimated to exceed $120 million, with specific incidents and amounts as follows: 13

‌May 25, 2025: Closed a long position in Bitcoin valued at $1.2 billion, with a single loss of approximately $13.39 million. 3

‌May 26, 2025: Stop-loss on a short position in Bitcoin valued at $1 billion, with a single loss of approximately $15.86 million. 4

‌May 30, 2025: When the price of Bitcoin fell below $105,000, 949 Bitcoins (approximately $99.3 million) were liquidated; subsequently, he opened a new long position (40x leverage), incurring a loss of nearly $5 million. 16

Additionally, reports indicate that as of May 30, James Wynn's cumulative losses have left him in a principal loss state, with approximately $12 million lost in the past 24 hours (partially overlapping with the liquidation events). 57 These losses are primarily driven by high leverage trading and market volatility. $BTC