James Wynn’s X Account Goes Dark Following Staggering 9-Figure Crypto Losses
Another crypto heavyweight bites the dust—this time with a nine-digit exit.
When losses hit the hundreds of millions, even social media profiles vanish faster than a memecoin's liquidity.
Wynn's sudden deactivation raises eyebrows: Was this a strategic retreat or a forced exit by creditors? Either way, it's a brutal reminder that crypto winters freeze even the biggest whales.
Bonus jab: At least he didn't 'hodl' his way into an eighth digit—that's what we call risk management in 2025.
Blockchain trackers Hypurrscan and Arkham Intelligence report that the combined funds in his wallets now stand at only $10,157.46.
James Wynn(@JamesWynnReal) has deactivated his X account!
What happened? Did he blow up completely?
All his wallets and Hyperliquid balance combined are down to just $10,176.https://t.co/FX6sISVWOhhttps://t.co/snkLcUUgXb pic.twitter.com/bkkxOpo7hZ
The trader was known for placing high-leverage bets that often ran opposite to the broader market. Due to this, Wynn received a lot of attention and scrutiny from fellow traders.
His strategy relied on making high-leverage bets on Hyperliquid while enjoying the benefits of the resulting social media engagement. More often than not, the trader watched the market react opposite to his bet.
Wynn lost hundreds of millions betting on BTC futures
During May, Wynn’s position in BTC stood to lose roughly $100 million when Bitcoin’s price slipped below $105k. That triggered liquidations of 949 BTC, effectively erasing his long-BTC holdings.
In a post he later removed, Wynn said, “I do not follow proper risk management, nor do I claim to be a professional; if anything, I claim to be lucky. I’m effectively gambling, and I stand to lose everything. I strongly advise people against what I’m doing.”
Instead of slowing down, Wynn once again opened a $100 million bet days later. Wynn claimed that market makers were intentionally targeting his positions to force a liquidation.
Seeking relief, he asked the community for help. Up to 24 unique wallet addresses sent donation funds to his account.
Shortly after receiving those donations, Wynn sold 240 BTC to push down his liquidation price on his remaining positions. Still, the trader couldn’t save his position and ultimately lost over 99 percent of the second $100 million position.
$198.68 million got liquidated from the broader crypto market in 24 hours
Meanwhile, the broader crypto futures market saw massive liquidations over the last 24 hours.
Liquidation data from CoinGlass at press time shows a total of $198.68 million wiped out in perpetual futures. Long positions accounted for $132.75 million of that total, while shorts made up $65.93 million.
Ethereum traders felt the pinch as well, with $30.84 million in positions closed out. Of that, $21.14 million were longs and $9.26 million were shorts. XRP followed, tallying $16.89 million in liquidations, $13.27 million on the long side, and $3.62 million short.
KEY Difference Wire: the secret tool crypto projects use to get guaranteed media coverage