The famous cryptocurrency whale nicknamed X, James Wynn, has suffered yet another painful liquidation, at least for one of their wallets, tracked by Lookonchain.

What is particularly interesting about today's liquidation is the time BTC took to prove the skeptic wrong - less than 12 hours. Wynn opened a trade yesterday on Hyperliquid by depositing nearly $28,000 and received a referral bonus of over $3,950.

However, this is not the first time Wynn's wallet has gone bankrupt. As previously reported, some of his heaviest losses have resulted in losing millions of dollars, raising many questions in the community, including from Arthur Hayes.

The price of Bitcoin has surged in the past 36-48 hours, from below $108,000 to a new record high of over $117,000 earlier today, causing other "short-selling whales" to also find themselves in a precarious situation. Remember that this "whale" has lost over $51 million during the initial price surge.