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James Wynn, High-Leverage Cryptocurrency Trader Deletes Account X After Losing 9 Digits
James Wynn, a well-known cryptocurrency trader famous for making large leveraged bets, has deactivated his X account after suffering a massive loss of up to nine figures. His old account name, "JamesWynnReal", now leads to the message: "This account does not exist. Please try to find another account." According to blockchain data compiled by Arkham Intelligence and Hypurrscan, Wynn's wallet currently contains just over $10,000, a significant decrease from his previous amount. James Wynn Changes Bio to 'Broke' Before Deleting Account Before deleting the account, Wynn updated his profile to a single word: "bankruptcy". Wynn is famous in the cryptocurrency community for continuously holding high-risk positions with high leverage, often going against market trends. His aggressive trading style has led to losses of up to hundreds of millions of dollars. He is particularly noted for his activities on the Hyperliquid platform, where he has placed some of the largest bets. In May 2025, Wynn's $100 million long position in Bitcoin was liquidated after the price fell below $105,000. The incident caused him to lose 949 BTC from the assets he held. Just before this event occurred, Wynn publicly admitted that his approach was more like gambling than disciplined trading, while warning others not to follow his risky strategy. Despite this failure, Wynn still opened an additional Bitcoin position worth 100 million dollars a few days later. He declared that his position is being attacked by market makers with the aim of triggering the liquidation of his assets. In a rare call, Wynn has asked the cryptocurrency community to donate to bolster his account and receive funds from at least 24 addresses. Immediately after that, Wynn liquidated 240 BTC, worth about 25 million dollars at the time, in order to minimize liquidation risk. However, his efforts did not save the remaining positions, losing more than 99% of their value. The collapse of Wynn has sparked a debate among cryptocurrency investors, many of whom view his loss as a cautionary tale. Wynn first gained fame by turning a $7,000 investment in PEPE into $25 million. In March, Wynn started trading perpetual futures for the first time and quickly turned a $3 million position into $100 million through high-leverage activities.