James Wynn, once a high-profile figure in crypto trading circles, has gone silent following what appears to be one of the most dramatic financial wipeouts in recent memory.
His X account has vanished, and blockchain data suggests his wallet now holds less than $11,000—down from alleged positions in the hundreds of millions.
Known for making massive, high-leverage trades that often went against market trends, Wynn’s risky strategy may have finally imploded. In May, a long bet on Bitcoin reportedly cost him nearly $100 million when BTC dipped below $105K, triggering the liquidation of nearly 950 BTC. Rather than pulling back, Wynn doubled down, opening another enormous position and blaming market makers for targeting him.
Despite receiving donations from supporters and offloading 240 BTC to stabilize his position, the second wave of trades ended the same way—liquidated and lost. In one of his final posts, Wynn described himself not as a pro, but a gambler.
At the same time, nearly $200 million was wiped from the broader crypto futures market in a single day. Longs led the damage, with Ethereum and XRP traders also taking heavy hits.
Wynn’s profile bio before vanishing said it all: “broke.” Whether this is the end of his public trading saga remains to be seen—but the fallout is a stark reminder of how unforgiving leverage can be in crypto.
Alexander Stefanov
Reporter at Coindoo
Alex is an experienced financial journalist and cryptocurrency enthusiast. With over 8 years of experience covering the crypto, blockchain, and fintech industries, he is well-versed in the complex and ever-evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His approach allows him to break down complex ideas into accessible and in-depth content. Follow his publications to stay up to date with the most important trends and topics.
Source: https://coindoo.com/most-popoular-bitcoin-whale-disappears-after-massive-crypto-losses/