James Wynn, a prominent cryptocurrency trader known for placing large leveraged bets, deactivated his X account after suffering a massive loss of up to nine figures.

His old account name, 'JamesWynnReal', now leads to the message: 'This account does not exist. Please try to find another account.'

According to blockchain data compiled by Arkham Intelligence and Hypurrscan, Wynn's wallet now only holds just over $10,000, a significant decrease from his previous amount.

James Wynn Changes Bio to 'Broke' Before Deleting Account

Before deleting his account, Wynn updated his bio to a single word: 'bankruptcy'.

Wynn is known in the cryptocurrency world for continuously holding high-risk, high-leverage positions, often going against market trends. His aggressive trading style has led to losses of up to hundreds of millions of dollars.

He was particularly noted for his activity on the Hyperliquid platform, where he placed some of the largest bets.

In May 2025, Wynn's $100 million Bitcoin long position was liquidated after the price fell below $105,000.

The incident caused him to lose 949 BTC from his holdings. Just before this incident occurred, Wynn publicly acknowledged that his approach resembled gambling more than disciplined trading, warning others not to follow his risky strategy.

Despite this setback, Wynn opened another $100 million Bitcoin position just days later.

He claimed that his position was being attacked by market makers with the aim of triggering the liquidation of his assets.

In a rare plea, Wynn asked the cryptocurrency community for donations to bolster his account and received money from at least 24 addresses.

Shortly thereafter, Wynn liquidated 240 BTC, worth about $25 million at the time, in an effort to mitigate liquidation risk.

However, his efforts did not save the remaining positions, losing over 99% of their value.

Wynn's collapse sparked a debate among cryptocurrency investors, many of whom viewed his losses as a cautionary tale.

Wynn first gained fame when he turned a $7,000 investment in PEPE into $25 million.

In March, Wynn began trading perpetual futures for the first time and quickly turned a $3 million position into $100 million through high-leverage activities.