Brothers, hold your jaws tight! That man who makes Bitcoin tremble—James Wynn, is once again gambling with his life at the table! This time he pushed his $100 million position to the brink of liquidation, with the liquidation price and the real-time price only $20 apart! This move directly caused a collective shock in the entire crypto circle 👇
🔥【$20 Life-or-Death Speed】🔥
On the evening of June 2, on-chain data suddenly went crazy! James Wynn opened a 40x Bitcoin long position on the Hyperliquid platform, with the liquidation price firmly nailed at $103,613. At that time, Bitcoin's price had dropped to $103,640, just $20 away from liquidation! This means that if the price drops another 0.02%, his $100 million position would instantly evaporate 💨
Ember monitoring showed that his floating loss once reached $2.17 million, and retail investors across the network were fixated on the $103,610 lifeline. As a result, the plot suddenly reversed in the early hours! Bitcoin rebounded sharply, allowing him to jump back from ICU to KTV, reducing his floating loss to $100,000. This rollercoaster ride made countless people exclaim: This is not just trading coins, it's clearly playing Russian roulette with life! 🎰
🤯【Gambler or Marketing Master?】🤯
But the matter is far from over! The founder of Wintermute suddenly jumped in to expose: "This is Hyperliquid's marketing script!" Upon careful thought, there are indeed many doubts:
1. James flaunts his holdings to @Wintermute claiming 'I'm back'
2. Frequently hinted that he was 'whale hunted'
3. During the event, Hyperliquid's trading volume surged, and the platform token $HYPE skyrocketed by 11.53%
Even more astonishing is that in May this year he opened a $1.2 billion long position on the platform. Although he lost $13.39 million upon liquidation, it directly pushed the platform's open contracts over $10 billion, and the fee income surged to $5.6 million. This wave of 'losing money but gaining attention' operations makes it hard not to suspect that it is a traffic feast jointly created by the platform, market makers, and KOLs! 🎭
🚀【From Slum to God of Gambling's Comeback】🚀
James Wynn's story itself is a Hollywood blockbuster! Born in a poor town in the UK, he once mingled in the drug crime circle, and in 2022, he turned a $7,600 bet on PEPE coin into $50 million. From then on, he entered 'God of Gambling' mode:
✅ From PEPE to TRUMP, FARTCOIN, and other meme coins
✅ 40x leverage playing Bitcoin contracts
✅ Every operation comes with a "hundred million-level position" label
But the legend hides shadows:
⚠️ In 2024, promoting the ELON token was accused of cutting leeks, leading to a 70% drop in coin prices after retail investors took over, causing him to liquidate his holdings
⚠️ Blockchain detective ZachXBT uncovered his involvement in the BabyPepe scam, manipulating prices for a profit of $68,000
⚖️【The Madness of the Market's Double-Edged Sword】⚖️
James's operations are like a nuclear explosion-level troublemaker:
Positive effects:
📈 High-leverage gambling stirs the market, followers may rake in a fortune
📈 On May 30, a liquidation of $99.3 million, a sharp reduction in the number of short-term holders
Negative effects:
📉 The violent fluctuations in coin prices led to countless people being liquidated
📉 Regulators are becoming increasingly vigilant about such extreme operations
But he seems to enjoy it: "$100 million is just a number, I am still richer than 99.9% of people." This gambler mentality makes him controversial, but also turns every operation into a traffic nuclear bomb 💣
🎬【The Crypto Circle Enters the 'Performance Era'】🎬
From Liangxi's '100x leverage myth' to James's 'hundred million bets', the crypto circle is staging a real-life version of (God of Gambling). Whales attract attention with extreme operations, which may be a conspiracy among platforms, market makers, and KOLs. Just like the founder of Wintermute hinted: When trading becomes a performance, the real money maker may be the house that sells tickets! 🎫
James's position is temporarily safe now, but the good show in the crypto circle has just begun. What script will he shock the market with next? We shall wait and see...
💡 Little Fatty knocks on the blackboard:
Remember, the cryptocurrency market is a heart-racing roller coaster, but the safety belt is always your good friend! Ordinary people must not blindly follow high leverage, after all, not everyone can 'seek fortune in danger' like James Wynn and walk away unscathed! 🚨#JamesWynn #Strategy增持比特币 $BTC