🔸James Wynn, a recognized cryptocurrency trader who at one point managed positions in Bitcoin worth billions of dollars, is on the verge of losing almost everything. This is because the price of Bitcoin has dropped, and he had bet an enormous amount of money, using very large loans (known as "leverage") to invest much more than he had.

In the last week, Wynn has suffered a loss of nearly 100 million dollars. If the price of Bitcoin continues to drop a bit more, for example, to $104,607, all of his Bitcoins will automatically be sold to try to cover the losses, which would mean he will lose almost all of his capital.

Currently, he holds a position of about 1,690 Bitcoins, valued at around 178 million dollars, but he has already accumulated a loss of 77% of his initial investment. Although he made a small deposit of $376,000 to try to protect himself, his situation remains extremely critical.

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