
Bitcoin Bull James Wynn on the Brink of Total Liquidation as Losses Soar to $100 Million!
2025-05-30
Author: Arjun
A Bitcoin Titan Faces the Abyss!
In a shocking turn of events, James Wynn, the notorious Hyperliquid trader, is teetering on the edge of financial ruin. Once riding high with a staggering billion-dollar notional position, Wynn is struggling as the cryptocurrency market cools. His current situation has him facing nearly $100 million in losses in just a week!
Margin Calls and Last-Ditch Efforts
Recent reports indicate that Wynn's margin usage is approaching a perilous 100%. This could lead to a complete liquidation of his position, thrusting him further into the depths of despair. In a desperate move, he made a deposit of $376,000 to shore up his leverage, but will it be enough?
The Gamble of a Lifetime
Known in the crypto world by his bold alias "moonpig," Wynn is currently holding a long position of about 1,690 BTC, worth roughly $178.78 million. However, his high-stakes gambit has backfired. With a staggering 40x leverage, his BTC bets have produced an unrealized loss of around $3.5 million—a staggering 77% drop!
BTC at a Critical Juncture
As Bitcoin hovers around $106,000, it teeters just above Wynn’s liquidation threshold of approximately $104,607. A slight downturn could trigger automatic forced sales that might wipe out his position entirely.
Is This the End for Wynn?
As the crypto market remains unpredictable, all eyes are on Wynn. Will he manage to salvage what’s left of his investment, or is this the dramatic fall of a Bitcoin bull? Stay tuned as the situation unfolds!