#BTC
Crypto Trader James Wynn Loses $99 Million in a Week 📉💸**
**Bitcoin Bets Backfire as One Trader’s Loss Becomes Another’s Gain**
🚨 **James Wynn**, a high-stakes crypto trader known for his risky leverage plays, just lost **$99 million in one week** after a series of failed Bitcoin trades. Meanwhile, another trader **raked in $17 million** by betting against him!
### **Wynn’s Rise & Fall 📊**
- Started with **$500K** and turned it into **$87M** in two months with wild bets on memecoins like **$PEPE, $TRUMP, and even $FARTCOIN** 🚀.
- On **May 22**, he was still up **$39M** from a **$1.14B Bitcoin long**.
- But then… disaster struck.
### **The Downfall 🔻**
- **May 24**: Doubled down with a **$1.25B BTC long** → **$13.4M loss** in hours.
- **May 25**: Flipped to a **$1B BTC short** → lost another **$15.87M** in 15 hrs.
- **May 30**: Bitcoin crashed below **$105K**, wiping out his **949 BTC ($99.3M)** in liquidations. 💥
📌 **Total Loss: $99 Million** – one of the biggest single-week blowups in crypto history.
### **The Trader Who Profited 🤑**
A smart wallet (**0x2258**) tracked Wynn’s moves and **took the opposite side** of every trade, banking **$17M** in profit. Talk about a **perfect counter-trade!**
### **Market Chaos & Liquidation Wave 🌊**
- Over **$200M in BTC longs** were liquidated in 24 hours amid U.S. tariff debates.
- Wynn’s losses highlight the **brutal risks of high-leverage trading**.
### **Wynn’s Comeback? 🤔**
Despite being wiped out, Wynn tweeted:
> *“My comeback will be ferocious.”*
But with **$0 left**, can he really bounce back? Only time will tell.
**Stay tuned for more wild crypto drama!** 🎢🔥
*(Source: LookonChain, Coinglass)*
#Crypto #Bitcoin #Trading #Liquidation #JamesWynn #BTC #Memecoins