Cryptocurrency Legend James Wynn Faces Nearly $100 Million Liquidation
From Myth to Myth Broken, in Just 7 Days?
Can you imagine? A trader who once started with $210 and became a 'Leverage Legend' in the cryptocurrency world in just two years—James Wynn—was liquidated for nearly $100 million this week!
Once:
✅ 40x Leverage Opened
✅ Position as High as $1.25 Billion
✅ Every Trade Trending, Blowing Up Twitter
Now:
❌ Killed by the Market
❌ Liquidated 949 Bitcoins (Approx. $99.3M)
❌ From Profit of $83 Million → Loss of $12 Million, in just 7 days
⸻
🧠【Event Review】
Wynn opened the largest BTC long position of his life in mid-May, choosing the exchange Hyperliquid, with a leverage of up to 40x. At that time, BTC was around $108,916, and his liquidation line was at $105,179.
The Turning Point Came:
Trump suddenly tweeted about "tax increases on the EU," shocking the global market, causing BTC to plummet. Wynn's account went from profit to loss overnight, and a few days later, it was forcibly liquidated!
⸻
📉【How Serious Was This Liquidation?】
• 949 BTC held by Wynn were forcibly liquidated
• Paper Profit of $83M → Actual Loss of $12M
• Netizens Went Crazy: Is this the biggest personal liquidation in cryptocurrency history?
⸻
🌈【He Was Once the 'Dream of Retail Investors'】
Wynn started in 2022 with an initial capital of $210, betting on **high leverage, small coins, and meme coins** to turn the tide.
The most legendary trade was:
He bought PEPE coins for $7,000 when its market cap was less than $600,000, ultimately making **$25 Million**!
⸻
🤔【Legend or Scam?】
Now, the community is divided into two factions:
👑 Worshippers say he is the 'Diamond Hand' of the cryptocurrency world, a 'Contract Legend'
💣 Detractors claim he essentially built his fortune on scams, insider trading, and manipulation—a 'new bottle for old wine'
Even the founder of Sensai DAO accused him: “He got rich through cooperative scams, not trading.”
Wynn's own response was also dramatic:
He claimed he was “tricked by a manipulated market” and advised everyone to “stay away from high leverage.”
⸻
📌【What's My Take?】
James Wynn's story is the most genuine reflection of the cryptocurrency world: Sudden Wealth + Sudden Ruin, just a step away.
Under FOMO, memes, and the temptation of high profits, many want to become the next Wynn. But this liquidation warns us—high leverage is not a shortcut to freedom, but a gamble on the edge of life.
