A Bitcoin Cautionary Tale: How This Popular Trader Went From $100 Million To Less Than $1,000
Attention has once more been drawn to the popular trader James Wynn, who went from a high of virtually $100 million in earnings to lower than $1000 in his Hyperliquid account in the meanwhile. The dealer continues to commerce Bitcoin and was not too long ago liquidated because the market recovered.
Popular Bitcoin Trader Who Went From Almost $100 Million To Below $1,000
HypurrScan data reveals that well-liked Bitcoin dealer James Wynn’s account has gone from a peak of $84.21 million in May 2025 to $914.21 in the meanwhile. The dealer gained prominence for reaching a $84 million peak in simply over two months after he started buying and selling on the decentralized exchange (DEX) Hyperliquid.
The dealer stacked these earnings via high-leveraged bets, together with betting on Bitcoin. A main spotlight of the dealer’s journey was constructing a $1.25 billion BTC position by going lengthy with 40x leverage on the main crypto. This was one of many largest Bitcoin positions on the time, which drew extra consideration to the dealer.
That place was finally liquidated, and since then, the Bitcoin trader has misplaced as much as $100 million on his positions. Further information from HypurrScan information present that he presently has a lack of $22 million all-time PnL (Profit and Loss) on Hyperliquid. Wynn was notably a bull as his buying and selling earnings on Hyperliquid climbed to a peak of $84 million.
However, for the reason that crash in his buying and selling earnings, the dealer’s sentiment towards Bitcoin has continued to flip. Towards the tip of final 12 months, he grew to become largely bearish on BTC, rightly predicting that the main crypto would endure a long-term downtrend. Bitcoin has been in a downtrend since reaching an all-time high (ATH) of $126,000. Earlier this 12 months, in February, Wynn predicted that BTC would nonetheless drop to as little as $48,000 on this bear market.
More Liquidations Amid Bearish Sentiment
On-chain analytics platform Lookonchain revealed that James Wynn was not too long ago liquidated on his Bitcoin place because the crypto market recovered amid the U.S.-Iran ceasefire. The dealer had shorted Bitcoin slightly below $67,000 and obtained liquidated as the worth hit $67,900. Lookonchain famous that the dealer has been liquidated six occasions in simply the previous two weeks.
Wynn had primarily been shorting Bitcoin whereas the main crypto traded within the $67,000 vary. However, the main crypto has but to make a brand new low, holding the $66,000 help, and has as a substitute rebounded above the psychological $70,000 level for the reason that U.S.-Iran ceasefire settlement. HypurrScan information present that the dealer has not opened a brand new place for the reason that ceasefire settlement.
At the time of writing, the Bitcoin value is buying and selling at round $72,000, up within the final 24 hours, in line with data from CoinMarketCap.