Casino-Trading ends badly. The market of Bitcoin (BTC) and cryptocurrencies is known for its volatility. Thus, traders can make colossal profits as well as abysmal losses. This is what happened for The James Wynn trader on hyperliquid who saw his positions liquidated.
- James Wynn, a trader with ultra-right positions, suffered $ 100 million in liquidations on hyperliquid after a sudden fall in bitcoin.
- Using an X40 lever, Wynn treated trading as a game of chance, ready to lose everything in this casino-Trading.
This crazy trader undergoes $ 100 million in liquidation on his Bitcoin positions
This Friday, May 30, 2025, the Bitcoin course a briefly fell under $ 105,000. A decrease that will have been right for many traders Long (Haussiers). This is particularly the case with James Wynna trader known for his positions very risky.
Indeed, like the report In particular Cointelegraph, the latter saw its buying positions on Bitcoin to be liquidated for a total of nearly $ 100 millionafter this recent fall in the BTC from its new highest to $ 111,000.
In detail, James Wynn had Open two positions Long with leverage On Bitcoin, betting on an increase in the price of cryptocurrency. However, the data on-chain show that these two positions have been liquidated to 55.3 and $ 43.9 million This May 30, 2025 (a total of $ 99.2 million).
James Wynn: a high-risk « casino-trading » lover on hyperliquid
On May 24, our hyperliquid trader had multiplied his bet Long On Bitcoin with A inside lever effect X40 (!), Infinlating its position to $ 1.25 billion.
As Cointelegraph recalls, James Wynn explained himself that he takes his trading positions like » gambling », That is to say as Games of chanceand that he is » ready to lose everything ».
James Wynn in no way does professional trading because he » does not respect risk management rules As he says himself. And he can obviously afford to lose millions to play this casino-trading. In any case, that does not prevent the decentralized perpetual exchange hyperliquid to continue to attract traders And to meet a great success.