After Losing $100M, James Wynn Exposes Himself Again To $100M On Bitcoin With A Leverage Of X40
Bitcoin is definitely not for the faint of heart. While many choose to stay away from severe turbulence, some investors, like James Wynn, seem to find a favored playground there. After an astronomical loss, the man returns to the center of the arena with an even bolder bet.
In Brief
- James Wynn loses nearly 100 million dollars at the end of May on bitcoin.
- On June 2, he goes on the attack again with a new 100 million bet.
- His return divides opinion: risk genius or speculative madness?
A spectacular liquidation but insufficient to discourage Wynn
At the end of May 2025, James Wynn suffered a significant financial shock: the brutal liquidation of a $1.25 billion position on bitcoin, amplified by a dizzying 40x leverage. This loss, estimated at nearly 100 million dollars, shook the market, fueling suspicions of potential targeted manipulation. A sharp price drop, typical of the crypto market, was enough to precipitate this financial disaster.
However, far from giving in to discouragement, James Wynn demonstrates surprising resilience.
This quick return to the heat of action highlights not only his boldness but also a particularly risky strategy. For some, it illustrates the extreme dangers of leverage in crypto trading. Yet, Wynn seems to thrive in this perpetual uncertainty.
This perseverance also raises questions. Should we see his bold moves as true strategic instinct or simply a strong taste for excessive risk?
A new $100 million bet on bitcoin: tactic or recklessness?
On June 2, Wynn returned to the charge, betting nearly $100 million on bitcoin via a new long position of 945 BTC with leverage, once again, of 40x. By committing only $2.5 million as initial margin, Wynn is playing big, even adjusting his position by injecting an additional $480,000 to lower his liquidation price to $103,637.
This maneuver, although risky, shows a certain clarity in managing his margins. Wynn does not seem to act only on impulse but through precise calculation, aware of the risks but also of the colossal potential gains if the market turns in his favor.
The prior sale of his HYPE tokens, carried out with profit, could be interpreted as further proof of a carefully orchestrated plan, despite its apparent improvisation.
Wynn’s actions are not without repercussions. They trigger polarized reactions: some bitcoin traders exploit his risk-taking to take lucrative opposite positions, while others denounce potential manipulations orchestrated by hidden market players.
These controversies accentuate doubts about the integrity of decentralized trading platforms, highlighting the need for increased transparency in crypto exchanges. By publicly putting such sums at stake, Wynn becomes both a target and a reference for the entire sector.
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Fascinated by Bitcoin since 2017, Evariste has continuously researched the subject. While his initial interest was in trading, he now actively seeks to understand all advances centered on cryptocurrencies. As an editor, he strives to consistently deliver high-quality work that reflects the state of the sector as a whole.
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.