Crypto trader James Wynn disappeared from social media after suffering losses in the nine figures. For now, it looks devour the excessive-threat trader at final crashed out, as his personal X memoir has been deactivated.
Browsing for Wynn’s used username, “JamesWynnReal,” on X now returns an error message that claims, “This memoir doesn’t exist.” Excellent ahead of he deactivated his memoir, Wynn changed his profile description to “broke.”
Blockchain trackers Hypurrscan and Arkham Intelligence portray that the combined funds in his wallets now stand at handiest $10,157.46.
James Wynn(@JamesWynnReal) has deactivated his X memoir!
What took situation? Did he blow up entirely?
All his wallets and Hyperliquid balance combined are the total vogue down to very best $10,176.https://t.co/FX6sISVWOhhttps://t.co/snkLcUUgXb pic.twitter.com/bkkxOpo7hZ
— Lookonchain (@lookonchain) July 12, 2025
The trader used to be identified for placing excessive-leverage bets that often ran reverse to the broader market. Resulting from this, Wynn obtained lots of consideration and scrutiny from fellow merchants.
His technique relied on making excessive-leverage bets on Hyperliquid while having fun with the advantages of the resulting social media engagement. More in total than now not, the trader watched the market react reverse to his guess.
Wynn misplaced tens of millions and hundreds making a guess on BTC futures
At some stage in Would possibly maybe maybe maybe, Wynn’s situation in BTC stood to lose roughly $100 million when Bitcoin’s value slipped under $105k. That precipitated liquidations of 949 BTC, effectively erasing his lengthy-BTC holdings.
In a publish he later eliminated, Wynn stated, “I quit now not discover very best threat administration, nor quit I claim to be a legit; if the relaxation, I claim to be fortunate. I’m effectively playing, and I stand to lose the total lot. I strongly expose folk in opposition to what I’m doing.”
As a change of slowing down, Wynn over but again opened a $100 million guess days later. Wynn claimed that market makers had been intentionally targeting his positions to pressure a liquidation.
In quest of relief, he asked the community for serve. As much as 24 unfamiliar wallet addresses sent donation funds to his memoir.
Almost as we remark after receiving those donations, Wynn supplied 240 BTC to push down his liquidation value on his final positions. Still, the trader couldn’t save his situation and in the raze misplaced over Ninety nine p.c of the second $100 million situation.
$198.68 million bought liquidated from the broader crypto market in 24 hours
Meanwhile, the broader crypto futures market observed broad liquidations over the final 24 hours.
Liquidation records from CoinGlass at press time reveals a complete of $198.68 million worn out in perpetual futures. Lengthy positions accounted for $132.75 million of that complete, while shorts made up $65.93 million.
Ethereum merchants felt the pinch as effectively, with $30.84 million in positions closed out. Of that, $21.14 million had been longs and $9.26 million had been shorts. XRP followed, tallying $16.89 million in liquidations, $13.27 million on the lengthy side, and $3.62 million short.
