How bad did James Wynn lose? Trader’s crypto balance falls
The eminent crypto merchant James Wynn deactivated his X account after his combined balance of cryptocurrency portfolio collapsed at only $ 10,176.
This drop is almost 99% loss compared to its participations estimated at $ 100 million earlier in 2025.
Wynn has changed its x profile biography into “broken” before completely deleting the account. The research of his handle now refers an error message indicating “This account does not exist.”
Massive Liquidations Destroy Portfolio
Wynn has built its reputation through extreme leverage positions on hyperliquid, often using a 40x lever effect while betting against the feeling of the market.
His aggressive approach initially generated substantial benefits, but losses finally eliminated his wealth.
In May, Wynn’s Long Bitcoin (BTC) position (BTC) was liquidated. This happened when the price of the BTC fell below $ 105,000, resulting in a loss of 949 BTC from its account. He tried to recover by opening Another position of $ 100 million but has once again undergone almost total losses.
The merchant’s fall has accelerated by repeated attempts to recover the losses with increasingly risky positions.
After his initial losses, Wynn called on the community of cryptocurrencies for financial aid. At least 24 different portfolio addresses have sent funds that try to help the merchant to recover his positions.
Despite community support, donations have proven to be insufficient to restore Wynn’s commercial capital or prevent new liquidations. Its remaining balance of $ 10,176 is only a fraction of the assistance received from supporters.
Wynn also published on his bad risk management practices before leaving X. “I play effectively,” he admitted. He also described his approach as fundamentally imperfect rather than a strategic exchange.
Precursor
Wynn’s story shows the extreme risks associated with high-level cryptocurrency trading, especially during volatile market periods.
Its 40x lever effect amplified gains and losses, creating unsustainable position sizes compared to its capital base.
Professional traders generally recommend risking more than 1 to 2% of capital per trade. The public fall of Wynn serves as a warning to retail traders trained to take advantage of the trading platforms which promise rapid benefits.
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