🚨 BREAKING: High-leverage trader James Wynn has just been liquidated three times in a row, losing 379 BTC (~$27 million).
On June 5 2025, Bitcoin tumbled from $105 k to $103 k around 13:00 UTC, tripping Wynn’s stops on Hyperliquid and erasing his positions. This comes on the heels of a $60 million loss in May, when a 40× long and a massive 7,967.83 BTC short (liquidation price $111,280) both imploded.
CoinGlass data show similar wipeouts whenever volatility spikes—remember Bitcoin’s 30 % crash to $31 k in May 2021. Wynn’s saga is a stark reminder of how unforgiving high-leverage crypto trading can be.