Close Menu
Cryprovideos
    What's Hot

    Trump-linked asset supervisor recordsdata Reality Social Bitcoin ETF with SEC

    June 4, 2025

    Bitcoin Surges Previous $100K After Commerce Truce Extension

    June 4, 2025

    Spanish Espresso Chain to Comply with MicroStrategy with $1 Billion Bitcoin Wager

    June 4, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Bitcoin»Crypto Dealer Faces $100 Million Loss on Bitcoin Wager
    Crypto Dealer Faces 0 Million Loss on Bitcoin Wager
    Bitcoin

    Crypto Dealer Faces $100 Million Loss on Bitcoin Wager

    By Crypto EditorMay 31, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    James Wynn, a dealer as soon as hailed for his wild wins through the memecoin frenzy, simply hit a painful milestone — almost $100 million erased in a matter of days.

    Identified for turning heads together with his dangerous performs, Wynn’s newest gamble was a large leveraged lengthy place on Bitcoin. He wager massive — reportedly utilizing as much as 40x leverage — anticipating the cryptocurrency to climb. As an alternative, Bitcoin slipped beneath $105,000 on Could 30, triggering one of the vital brutal liquidations seen on the Hyperliquid platform.

    On-chain trackers like Hypurrscan reveal the dimensions of the injury: greater than 940 BTC throughout a number of trades, gone. Two positions alone — valued at over $99 million mixed — had been forcefully closed because the market dipped close to $104,000. The losses weren’t remoted both. A smaller $10 million commerce had already been worn out the day before today.

    The fallout adopted Wynn’s daring resolution to scale his place to an astonishing $1.25 billion on Could 24, a transfer that left him dangerously uncovered to market swings. Simply days later, information of potential U.S. tariffs triggered recent volatility — and the collapse of Wynn’s wager.

    Reasonably than challenge an in depth response, Wynn posted a cryptic scene from The Matrix to X, displaying Neo stopping bullets mid-air — maybe a nod to surviving chaos, or hoping to. Regardless of the huge loss, he nonetheless holds an open lengthy, at present operating at a big unrealized loss.

    Wynn first rose to prominence with large returns from early bets on tokens like Pepe (PEPE), using the memecoin wave to multi-million greenback earnings. However his personal phrases had at all times foreshadowed a possible downfall. In a put up simply earlier than the liquidation, he described himself as “an excessive degenerate,” admitting his trades had been extra playing than technique.

    “I don’t observe danger administration,” he wrote. “I may lose every little thing — and I counsel others to not do what I do.”

    Crypto Dealer Faces $100 Million Loss on Bitcoin Wager
    Twitter

    Linkedin

    With over 8 years of expertise within the cryptocurrency and blockchain business, Alexander is a seasoned content material creator and market analyst devoted to creating digital property extra accessible and comprehensible. He makes a speciality of breaking down advanced crypto developments, analyzing market actions, and producing insightful content material geared toward educating each newcomers and seasoned buyers. Alexander has constructed a popularity for delivering well timed and correct evaluation, whereas retaining a detailed eye on regulatory developments, rising applied sciences, and macroeconomic developments that form the way forward for digital finance. His work is rooted in a ardour for innovation and a agency perception that widespread schooling is essential to accelerating international crypto adoption.

    Telegram



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump-linked asset supervisor recordsdata Reality Social Bitcoin ETF with SEC

    June 4, 2025

    Bitcoin Surges Previous $100K After Commerce Truce Extension

    June 4, 2025

    Spanish Espresso Chain to Comply with MicroStrategy with $1 Billion Bitcoin Wager

    June 4, 2025

    Bitcoin (BTC): Final Probability for $110,000? XRP: Lastly Bullish? Solana (SOL) Bounces Off

    June 4, 2025
    Latest Posts

    Trump-linked asset supervisor recordsdata Reality Social Bitcoin ETF with SEC

    June 4, 2025

    Bitcoin Surges Previous $100K After Commerce Truce Extension

    June 4, 2025

    Spanish Espresso Chain to Comply with MicroStrategy with $1 Billion Bitcoin Wager

    June 4, 2025

    Bitcoin (BTC): Final Probability for $110,000? XRP: Lastly Bullish? Solana (SOL) Bounces Off

    June 4, 2025

    MARA Publicizes Over $100 Million In Bitcoin Mined In Might 2025

    June 4, 2025

    US army management to again Bitcoin strategic reserve — Senator Lummis

    June 3, 2025

    ARKB Bitcoin ETF To Break up Inventory To Increase Retail Investor Attraction

    June 3, 2025

    Trump Media Information for Reality Social Bitcoin ETF Launch – BlockNews

    June 3, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    SoFi CEO Says Financial institution To Convey Again Crypto Investing After Trump Triggers Shift in Regulatory Panorama: Report – The Every day Hodl

    April 30, 2025

    Germany – Crypto ATM numbers proceed to fall after BaFin’s newest raid

    November 2, 2024

    IRS Defi Rule Repeal Nice For Greatest Pockets Token And Cryptos

    March 27, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.