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Crypto Trader’s $99M Bitcoin Blunder—Market Tremors or Just Another Day in DeFi?

Crypto Trader’s $99M Bitcoin Blunder—Market Tremors or Just Another Day in DeFi?

Published:
2025-05-30 12:00:00
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Another high-stakes crypto gamble goes spectacularly wrong—this time, James Wynn drops $99 million on a single Bitcoin bet. Was it leverage lunacy or just Wall Street’s casino mentality leaking into DeFi?

Markets barely blinked. Bitcoin’s price chugged along like a drunk bull ignoring fireworks—proving once again that nine-figure losses are just Tuesday in crypto land.

Bonus cynicism: Traders treating digital gold like roulette wheels? The SEC’s enforcement division just got a new case study.

James Wynn, a well-known figure from the 2022 bull run, just suffered one of the biggest losses in recent trading history. He lost over $99 million in a single week due to a wrong bet on Bitcoin’s direction. While he went all in using high leverage, another sma... Read More

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