James Wynn’s Crypto Bet Hits the Brink—Will the House Win?

High-stakes crypto plays aren’t for the faint-hearted—just ask James Wynn. His gamble’s teetering on collapse, proving once again that digital asset volatility cuts both ways.

When fortunes flip overnight, even the savviest traders get burned. And let’s be honest—Wall Street’s old guard loves watching crypto cowboys learn this lesson the hard way.

James Wynn, however, appeared unabashed and determined to recoup his losses. In a defiant tweet aimed at those reveling in his portfolio drawdown, he wrote:

“For all my haters out there who so very much loved to see my portfolio swing down by $60,000,000… just know, now you get to see it swing BACK UP INTO THE HUNDREDS OF MILLIONS. Money that haters like you can’t even dream of having because it’s so far out of your capabilities. Enjoy the show.”

Wynn may have already begun efforts to recoup his losses. According to monitoring by The Data Nerd, a whale address believed to be associated with Wynn recently deposited 44.337 billion Pepe (worth approximately $6.17 million) to Binance. These tokens were accumulated at an extremely low entry price, yielding a return of 11,117X.