Excessive-Leverage Crypto Dealer James Wynn Deletes X Account After 9-Digit Losses

James Wynn, a crypto dealer recognized for putting huge leveraged bets, has deactivated his X account following staggering nine-figure losses.

Key Takeaways:

• James Wynn deleted his X account after struggling nine-figure losses from dangerous, high-leverage crypto trades.
• His Bitcoin positions on Hyperliquid had been liquidated a number of occasions, wiping out almost all his holdings.
• Wynn’s dramatic downfall serves as a warning in opposition to aggressive hypothesis in unstable markets.

His former deal with, “JamesWynnReal,” now results in a message stating, “This account doesn’t exist. Attempt looking for one other.”

Based on blockchain information aggregated by Arkham Intelligence and Hypurrscan, Wynn’s wallets at present maintain simply over $10,000, a dramatic fall from his earlier positions.

James Wynn Adjustments Bio to ‘Broke’ Earlier than Deleting Account

Previous to deleting his account, Wynn up to date his profile bio to a single phrase: “broke.”

Wynn earned notoriety inside crypto circles for constantly taking high-risk, high-leverage positions that usually ran counter to market developments. His aggressive buying and selling type led to losses totaling a whole lot of thousands and thousands.

He gained explicit consideration for his exercise on the Hyperliquid platform, the place he positioned a few of his largest bets.

In Could 2025, Wynn’s $100 million lengthy place on Bitcoin was liquidated after the value slipped under $105,000.

The wipeout resulted within the lack of 949 BTC from his holdings. Simply earlier than this collapse, Wynn admitted publicly that his strategy resembled playing greater than disciplined buying and selling, warning others to not observe his dangerous technique.

Regardless of this setback, Wynn opened one other $100 million Bitcoin place days later.

He claimed his positions had been beneath assault by market makers aiming to set off his liquidation.

In a uncommon plea, Wynn requested donations from the crypto group to bolster his account, receiving funds from at the very least 24 addresses.

Shortly after, Wynn liquidated 240 BTC, valued at round $25 million then, in an try to cut back his liquidation threat.

Nonetheless, his efforts failed to save lots of the remaining positions, which misplaced over 99% of their worth.

Wynn’s downfall has sparked debate amongst crypto traders, with many pointing to his losses as a cautionary story.

Wynn first rose to prominence by turning a $7,000 place in PEPE into $25 million.

In March, Wynn started buying and selling perpetual futures for the primary time and rapidly reworked a $3 million place into $100 million via aggressive high-leverage performs.

Hyperliquid Hits $248 Billion Month-to-month Quantity

In Could, Hyperliquid surged to a document $248 billion in buying and selling quantity, marking a 51.5% enhance from April’s $187.5 billion.

The expansion got here amid heightened market exercise throughout the “James Wynn” buying and selling frenzy.

12 months-over-year, Hyperliquid’s quantity soared by 843%, leaping from $26.3 billion final Could to this yr’s record-breaking determine.

The platform combines centralized trade (CEX)-level consumer expertise with non-custodial onchain infrastructure, attracting merchants who need each efficiency and crypto-native operations.

Hyperliquid’s increasing footprint is obvious in its rising market share relative to Binance, the trade big.

In Could, Hyperliquid accounted for 10.54% of Binance’s perpetual futures quantity, up from 9.76% in April, signaling a shift in dominance throughout the sector.

Decentralized trade (DEX) perpetual futures additionally noticed positive aspects, capturing 6.84% of world perp flows in Could, an increase from beneath 2% in 2022.

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