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James Wynn, a prominent crypto leverage trader, recently lost $25 million in a Bitcoin bet after being liquidated for 240 BTC. This incident is part of a series of significant losses for Wynn, who has gained a reputation for high-stakes, highly leveraged trades on platforms like Hyperliquid.
Wynn’s trading journey began with success, famously turning a $7,000 investment in the meme coin PEPE into over $25 million. He then ventured into perpetual futures trading in March, reportedly turning $3 million into $100 million within a month using high leverage. However, his recent trading activities have seen him incur substantial losses.
Following his $25 million liquidation, Wynn claimed that the market was being manipulated against him and even requested donations to “support his cause” of exposing market manipulation. This isn’t his first major loss; reports indicate he lost $100 million in a single week in late May and has suffered multiple liquidations on his leveraged Bitcoin positions.
Wynn’s story has generated considerable discussion in the crypto community, with some seeing him as a trading legend and others as a cautionary tale about the dangers of excessive leverage and high-risk trading.

Video courtesy of CSOB

Video courtesy of CSOB .